Kitron ASA (Norway) Today

KIT Stock  NOK 31.18  0.36  1.17%   

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Kitron ASA is selling for 31.18 as of the 28th of November 2024. This is a 1.17% up since the beginning of the trading day. The stock's lowest day price was 30.8. Kitron ASA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Kitron ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Kitron ASA, an electronic manufacturing services company, together with its subsidiaries, develops, industrializes, and manufactures electronics for the energytelecoms, defenseaerospace, offshoremarine, medical device, and industry sectors. The company provides its products and services in Norway, Sweden, Lithuania, Germany, China, and the United States. The company has 196.96 M outstanding shares. More on Kitron ASA

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Kitron 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. Kitron ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kitron ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationElectronic Components, Technology (View all Sectors)
Kitron ASA (KIT) is traded on Oslo Stock Exchange in Norway and employs 2,786 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kitron ASA's market, we take the total number of its shares issued and multiply it by Kitron ASA'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. Kitron ASA operates under Technology sector and is part of Electronic Components industry. The entity has 196.96 M outstanding shares. Kitron ASA has accumulated about 428.04 M in cash with 126.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.49.
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Ownership Allocation
Kitron ASA maintains a total of 196.96 Million outstanding shares. 30% of Kitron ASA outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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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Kitron ASA Risk Profiles

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

Kitron Stock Against Markets

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Kitron ASA Corporate Management

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

Other Information on Investing in Kitron Stock

Kitron ASA financial ratios help investors to determine whether Kitron 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 Kitron with respect to the benefits of owning Kitron ASA security.