Novotek AB (Sweden) Today
| NTEK-B Stock | SEK 67.00 0.40 0.60% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Novotek AB is trading at 67.00 as of the 25th of November 2024, a 0.60 percent increase since the beginning of the trading day. The stock's open price was 66.6. Novotek AB has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Novotek AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Novotek AB delivers solutions in the industrial IT and automation areas. The company was founded in 1986 and is headquartered in Malm, Sweden. NOVOTEK AB operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. The company has 9.1 M outstanding shares. More on Novotek AB
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Novotek 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. Novotek AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Novotek AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Information Technology Services, Technology (View all Sectors) |
Novotek AB (NTEK-B) is traded on Stockholm Exchange in Sweden and employs 164 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 470.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novotek AB's market, we take the total number of its shares issued and multiply it by Novotek AB'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. Novotek AB operates under Technology sector and is part of Information Technology Services industry. The entity has 9.1 M outstanding shares.
Novotek AB has accumulated about 111.34 M in cash with 44.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.53.
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Ownership AllocationThe market capitalization of Novotek AB is kr470.58 Million. Novotek AB 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 take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
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Novotek AB Risk Profiles
Although Novotek AB's alpha and beta are two of the key measurements used to evaluate Novotek AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.65 | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.6 |
Novotek Stock Against Markets
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
Novotek AB Corporate Management
Elected by the shareholders, the Novotek AB's board of directors comprises two types of representatives: Novotek AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novotek. The board's role is to monitor Novotek AB's management team and ensure that shareholders' interests are well served. Novotek AB'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, Novotek AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tobias Antius | CEO MD | Profile | |
| Veronika Grozdanovska | Chief Officer | Profile | |
| Antti MP | Chief Oy | Profile | |
| Helena Bramstorp | Chief Officer | Profile |
Other Information on Investing in Novotek Stock
Novotek AB financial ratios help investors to determine whether Novotek 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 Novotek with respect to the benefits of owning Novotek AB security.