Reach Subsea (Norway) Today

REACH Stock  NOK 8.84  0.34  3.70%   

Performance

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Odds Of Distress

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Reach Subsea is selling at 8.84 as of the 28th of November 2024; that is 3.7% down since the beginning of the trading day. The stock's open price was 9.18. Reach Subsea has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Reach Subsea 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.
The company offers inspection, maintenance, and repair services and remotely operated vehicles, survey, and construction services. Reach Subsea ASA was founded in 2008 and is based in Haugesund, Norway. REACH SUBSEA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange. The company has 225.72 M outstanding shares. More on Reach Subsea

Moving together with Reach Stock

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Moving against Reach Stock

  0.79ENTRA Entra ASAPairCorr
  0.59OLT Olav Thon EienPairCorr
Follow Valuation Odds of Bankruptcy
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Reach 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. Reach Subsea's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Reach Subsea or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO MDJostein Alendal
Business ConcentrationEnergy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Reach Subsea (REACH) is traded on Oslo Stock Exchange in Norway and employs 128 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reach Subsea's market, we take the total number of its shares issued and multiply it by Reach Subsea'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. Reach Subsea operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 225.72 M outstanding shares. Reach Subsea has accumulated about 149.03 M in cash with 279.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.
Check Reach Subsea Probability Of Bankruptcy
Ownership Allocation
Reach Subsea owns a total of 225.72 Million outstanding shares. Reach Subsea holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 80.5 pct. of Reach Subsea outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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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Reach Subsea Risk Profiles

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

Reach Stock Against Markets

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Reach Subsea Corporate Management

Elected by the shareholders, the Reach Subsea's board of directors comprises two types of representatives: Reach Subsea inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reach. The board's role is to monitor Reach Subsea's management team and ensure that shareholders' interests are well served. Reach Subsea'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, Reach Subsea's outside directors are responsible for providing unbiased perspectives on the board's policies.
Inge GrutleEngineering ManagerProfile
Bard HogheimSales and Marketing ManagerProfile
Solveig ByrkjelandVP SecProfile
Sven StoresundTechnical ManagerProfile
yvind JohannessenHead SideProfile

Other Information on Investing in Reach Stock

Reach Subsea financial ratios help investors to determine whether Reach 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 Reach with respect to the benefits of owning Reach Subsea security.