Otovo AS (Norway) Today
| OTOVO Stock | NOK 1.00 0.04 4.17% |
Performance0 of 100
| Odds Of DistressOver 63
|
Otovo AS is selling at 1.0 as of the 1st of December 2024; that is 4.17 percent up since the beginning of the trading day. The stock's open price was 0.96. Otovo AS has more than 63 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Otovo AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Otovo AS develops and supplies solar cells for private and corporate customers in Norway, Sweden, and Italy. The company was founded in 2016 and is based in Oslo, Norway. OTOVO AS is traded on Oslo Stock Exchange in Norway. The company has 148.58 M outstanding shares. More on Otovo AS
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Otovo 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. Otovo AS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Otovo AS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Utilities—Renewable, Utilities (View all Sectors) |
Otovo AS (OTOVO) is traded on Oslo Stock Exchange in Norway and employs 9 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Otovo AS's market, we take the total number of its shares issued and multiply it by Otovo AS'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. Otovo AS operates under Utilities sector and is part of Utilities—Renewable industry. The entity has 148.58 M outstanding shares.
Otovo AS has accumulated about 224.19 M in cash with (136.02 M) of positive cash flow from operations.
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Ownership AllocationOtovo AS owns a total of 148.58 Million outstanding shares. Otovo AS has 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 maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Otovo AS Risk Profiles
Although Otovo AS's alpha and beta are two of the key measurements used to evaluate Otovo AS's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.58 | |||
| Standard Deviation | 5.16 | |||
| Variance | 26.63 | |||
| Risk Adjusted Performance | 0.006 |
Otovo Stock Against Markets
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Otovo AS Corporate Management
Elected by the shareholders, the Otovo AS's board of directors comprises two types of representatives: Otovo AS inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Otovo. The board's role is to monitor Otovo AS's management team and ensure that shareholders' interests are well served. Otovo AS'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, Otovo AS's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lars Ekeland | G Counsel | Profile | |
| Paulina Ackermann | Managing Director | Profile | |
| Inigo Amoribieta | Managing Director | Profile | |
| Michal Karnibad | Chief Officer | Profile | |
| Babak Tighnavard | Chief Officer | Profile | |
| Andreas Thorsheim | GM CoFounder | Profile | |
| Simen Jorgensen | CoFounder Officer | Profile |
Other Information on Investing in Otovo Stock
Otovo AS financial ratios help investors to determine whether Otovo 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 Otovo with respect to the benefits of owning Otovo AS security.