Sparebanken Ost (Norway) Today

SPOG Stock  NOK 66.20  0.80  1.19%   

Performance

12 of 100

 
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Good

Odds Of Distress

Less than 49

 
High
 
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About Average
Sparebanken Ost is selling for 66.20 as of the 25th of November 2024. This is a 1.19 percent down since the beginning of the trading day. The stock's lowest day price was 66.0. Sparebanken Ost has 49 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Sparebanken Ost are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
Sparebanken st operates as a savings bank in Eastern Norway. The company was founded in 1843 and is headquartered in Drammen, Norway. SPAREBANKEN OST is traded on Oslo Stock Exchange in Norway. The company has 20.73 M outstanding shares. More on Sparebanken Ost

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Follow Valuation Odds of Bankruptcy
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Sparebanken 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. Sparebanken Ost's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sparebanken Ost or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and Managing DirectorPal Strand
Thematic IdeaBanks (View all Themes)
Business ConcentrationBanks, Financials, Banks, Banks - Regional - Europe, Financial Services (View all Sectors)
Sparebanken Ost (SPOG) is traded on Oslo Stock Exchange in Norway and employs 28 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sparebanken Ost's market, we take the total number of its shares issued and multiply it by Sparebanken Ost'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. Sparebanken Ost operates under Banks sector and is part of Financials industry. The entity has 20.73 M outstanding shares. Sparebanken Ost has accumulated about 721.5 M in cash with (1.5 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 34.8.
Check Sparebanken Ost Probability Of Bankruptcy
Ownership Allocation
Sparebanken Ost shows a total of 20.73 Million outstanding shares. Sparebanken Ost maintains 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 owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sparebanken Ownership Details

Sparebanken Ost Risk Profiles

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

Sparebanken Stock Against Markets

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Sparebanken Ost Corporate Management

Elected by the shareholders, the Sparebanken Ost's board of directors comprises two types of representatives: Sparebanken Ost inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparebanken. The board's role is to monitor Sparebanken Ost's management team and ensure that shareholders' interests are well served. Sparebanken Ost'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, Sparebanken Ost's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Sparebanken Stock

Sparebanken Ost financial ratios help investors to determine whether Sparebanken 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 Sparebanken with respect to the benefits of owning Sparebanken Ost security.