Scana ASA (Norway) Today

SCANA Stock  NOK 2.81  0.02  0.71%   

Performance

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Odds Of Distress

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Scana ASA is selling at 2.81 as of the 28th of November 2024; that is 0.71% down since the beginning of the trading day. The stock's open price was 2.83. Scana ASA has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Scana ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Scana ASA, an industrial investment company, provides equipment and services to the marine industry. Scana ASA was founded in 1646 and is headquartered in Bergen, Norway. SCANA ASA operates under Industrial Distribution classification in Norway and is traded on Oslo Stock Exchange. The company has 440.58 M outstanding shares. More on Scana ASA

Moving together with Scana Stock

  0.65HPUR Hexagon Purus AsPairCorr

Moving against Scana Stock

  0.57ELIMP ElektroimportorenPairCorr
  0.45SCHA Schibsted ASA APairCorr
  0.44SCHB Schibsted ASA BPairCorr
  0.43TGS TGS NOPEC GeophysicalPairCorr
  0.42VAR Var Energi ASAPairCorr
Follow Valuation Odds of Bankruptcy
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Scana 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. Scana ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Scana ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationIndustrial Distribution, Industrials (View all Sectors)
Scana ASA (SCANA) is traded on Oslo Stock Exchange in Norway and employs 84 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 579.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Scana ASA's market, we take the total number of its shares issued and multiply it by Scana 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. Scana ASA operates under Industrials sector and is part of Industrial Distribution industry. The entity has 440.58 M outstanding shares. Scana ASA has accumulated about 17.8 M in cash with 25.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Check Scana ASA Probability Of Bankruptcy
Ownership Allocation
Scana ASA shows a total of 440.58 Million outstanding shares. Scana ASA 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 Scana Ownership Details

Scana ASA Risk Profiles

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

Scana Stock Against Markets

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Scana ASA Corporate Management

Elected by the shareholders, the Scana ASA's board of directors comprises two types of representatives: Scana ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Scana. The board's role is to monitor Scana ASA's management team and ensure that shareholders' interests are well served. Scana 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, Scana ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Torvald ReiestadChief OfficerProfile
Egil KjeldsenHead SkarpenordProfile
Hans KilenManaging ASProfile
Kjell RavnsControllerProfile
Tor SkjvelandSales DirectorProfile
Trond BoChief SkarpenordProfile
Styrk BekkenesChief OfficerProfile

Other Information on Investing in Scana Stock

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