Elmera Group (Norway) Today

ELMRA Stock   39.50  0.45  1.15%   

Performance

11 of 100

 
Weak
 
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Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Elmera Group is selling at 39.50 as of the 30th of November 2024; that is 1.15% up since the beginning of the trading day. The stock's open price was 39.05. Elmera Group has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Elmera Group ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.

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Elmera 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. Elmera Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elmera Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationUtilities-Regulated Electric, Utilities (View all Sectors)
Elmera Group ASA (ELMRA) is traded on Oslo Stock Exchange in Norway and employs 475 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elmera Group's market, we take the total number of its shares issued and multiply it by Elmera Group'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. Elmera Group ASA operates under Utilities sector and is part of Utilities-Regulated Electric industry. The entity has 112.79 M outstanding shares. Elmera Group ASA has accumulated about 306.63 M in cash with 379.29 M of positive cash flow from operations.
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Ownership Allocation
Elmera Group holds a total of 112.79 Million outstanding shares. Over half of Elmera Group's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Elmera Group. Please watch out for any change in the institutional holdings of Elmera Group ASA as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, 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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Elmera Group ASA Risk Profiles

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

Elmera Stock Against Markets

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Elmera Group Corporate Management

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

Other Information on Investing in Elmera Stock

Elmera Group financial ratios help investors to determine whether Elmera 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 Elmera with respect to the benefits of owning Elmera Group security.