Hofseth Biocare (Norway) Today

HBC Stock  NOK 1.31  0.01  0.76%   

Performance

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Hofseth Biocare is selling for 1.31 as of the 29th of November 2024. This is a 0.76% down since the beginning of the trading day. The stock's lowest day price was 1.24. Hofseth Biocare has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Hofseth Biocare ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of January 2023 and ending today, the 29th of November 2024. Click here to learn more.
Hofseth BioCare ASA, a biotech company, offers value added biomarine ingredients and finished products for human consumption and pet in Norway. The company was founded in 2000 and is headquartered in lesund, Norway. HOFSETH BIOCARE operates under Pharmaceuticals And Biosciences classification in Norway and is traded on Oslo Stock Exchange. The company has 395.08 M outstanding shares. More on Hofseth Biocare ASA

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Follow Valuation Odds of Bankruptcy
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Hofseth 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. Hofseth Biocare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hofseth Biocare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationBiotechnology, Healthcare (View all Sectors)
Hofseth Biocare ASA (HBC) 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 1.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hofseth Biocare's market, we take the total number of its shares issued and multiply it by Hofseth Biocare'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. Hofseth Biocare ASA operates under Healthcare sector and is part of Biotechnology industry. The entity has 395.08 M outstanding shares. Hofseth Biocare ASA has accumulated about 36.52 M in cash with (61.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Hofseth Biocare Probability Of Bankruptcy
Ownership Allocation
Hofseth Biocare ASA has a total of 395.08 Million outstanding shares. Hofseth Biocare secures 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 holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hofseth Ownership Details

Hofseth Biocare ASA Risk Profiles

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

Hofseth Stock Against Markets

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Hofseth Biocare Corporate Management

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

Other Information on Investing in Hofseth Stock

Hofseth Biocare financial ratios help investors to determine whether Hofseth 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 Hofseth with respect to the benefits of owning Hofseth Biocare security.