Kitron ASA Adjusts 2024 Revenue Outlook Amidst CEE Challenges - TipRanks
| KIT Stock | NOK 31.50 0.38 1.19% |
About 62% of Kitron ASA's investor base is looking to short. The analysis of current outlook of investing in Kitron ASA suggests that many traders are alarmed regarding Kitron ASA's prospects. Kitron ASA's investing sentiment shows overall attitude of investors towards Kitron ASA.
Kitron ASA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Kitron daily returns and investor perception about the current price of Kitron ASA as well as its diversification or hedging effects on your existing portfolios.
Kitron |
Kitron ASA Adjusts 2024 Revenue Outlook Amidst CEE Challenges TipRanks
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Kitron ASA Fundamental Analysis
We analyze Kitron ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kitron ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kitron ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Kitron ASA is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Kitron ASA Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Kitron ASA stock to make a market-neutral strategy. Peer analysis of Kitron ASA could also be used in its relative valuation, which is a method of valuing Kitron ASA by comparing valuation metrics with similar companies.
Peers
Kitron ASA Related Equities
| NOD | Nordic Semiconductor | 0.56 |
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| STB | Storebrand ASA | 0.74 |
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| LSG | Lery Seafood | 0.77 |
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| KOG | Kongsberg Gruppen | 0.84 |
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| EPR | Europris ASA | 1.41 |
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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.