Norske Skog (Norway) Today

NSKOG Stock  NOK 21.12  0.08  0.38%   

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Norske Skog is selling at 21.12 as of the 30th of November 2024; that is 0.38% down since the beginning of the trading day. The stock's open price was 21.2. Norske Skog has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Norske Skog Asa are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of June 2023 and ending today, the 30th of November 2024. Click here to learn more.
Norske Skog ASA produces and sells newsprint and magazine paper primarily in Europe and Australasia. The company was founded in 1962 and is headquartered in Oslo, Norway. NORSKE SKOG is traded on Oslo Stock Exchange in Norway. The company has 94.26 M outstanding shares. More on Norske Skog Asa

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Norske Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Norske Skog's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Norske Skog or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOSven Ombudstvedt
Business ConcentrationPaper & Paper Products, Basic Materials (View all Sectors)
Norske Skog Asa (NSKOG) is traded on Oslo Stock Exchange in Norway and employs 2,100 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Norske Skog's market, we take the total number of its shares issued and multiply it by Norske Skog's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Norske Skog Asa operates under Basic Materials sector and is part of Paper & Paper Products industry. The entity has 94.26 M outstanding shares. Norske Skog Asa has accumulated about 1.49 B in cash with 191 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.05.
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Ownership Allocation
Norske Skog Asa maintains a total of 94.26 Million outstanding shares. Norske Skog Asa holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Norske Skog Asa Risk Profiles

Although Norske Skog's alpha and beta are two of the key measurements used to evaluate Norske Skog's performance over the market, the standard measures of volatility play an important role as well.

Norske Stock Against Markets

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Norske Skog Corporate Management

Elected by the shareholders, the Norske Skog's board of directors comprises two types of representatives: Norske Skog inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Norske. The board's role is to monitor Norske Skog's management team and ensure that shareholders' interests are well served. Norske Skog's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Norske Skog's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Norske Stock

Norske Skog financial ratios help investors to determine whether Norske Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Norske with respect to the benefits of owning Norske Skog security.