Nordic Halibut (Norway) Today

NOHAL Stock  NOK 22.20  0.40  1.77%   

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Odds Of Distress

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Nordic Halibut is selling at 22.20 as of the 2nd of December 2024; that is 1.77 percent down since the beginning of the trading day. The stock's open price was 22.6. Nordic Halibut has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Nordic Halibut AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Nordic Halibut AS produces and sells farmed Atlantic halibut products in Norway and internationally. The company was incorporated in 1995 and is headquartered in Avery, Norway. NORDIC HALIBUT is traded on Oslo Stock Exchange in Norway. The company has 29.17 M outstanding shares. More on Nordic Halibut AS

Moving together with Nordic Stock

  0.73MAS Masoval ASPairCorr

Moving against Nordic Stock

  0.82ANDF Andfjord Salmon ASPairCorr
  0.68MOWI Mowi ASAPairCorr
  0.62NORTH North Energy ASAPairCorr
  0.59AFISH Arctic Fish HoldingPairCorr
  0.58ROMSB Romsdal SparebankPairCorr
  0.54ISLAX Icelandic SalmonPairCorr
Follow Valuation Odds of Bankruptcy
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Nordic 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. Nordic Halibut's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nordic Halibut or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationFarm Products, Consumer Defensive (View all Sectors)
Nordic Halibut AS (NOHAL) is traded on Oslo Stock Exchange in Norway and employs 44 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 665.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordic Halibut's market, we take the total number of its shares issued and multiply it by Nordic Halibut'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. Nordic Halibut AS operates under Consumer Defensive sector and is part of Farm Products industry. The entity has 29.17 M outstanding shares. Nordic Halibut AS has accumulated about 157.34 M in cash with (51.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.36.
Check Nordic Halibut Probability Of Bankruptcy
Ownership Allocation
Nordic Halibut AS maintains a total of 29.17 Million outstanding shares. Nordic Halibut AS secures 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. 81.38 % of Nordic Halibut AS outstanding shares that are owned by insiders conveys that 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 has, 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 Nordic Ownership Details

Nordic Halibut AS Risk Profiles

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

Nordic Stock Against Markets

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Nordic Halibut Corporate Management

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

Other Information on Investing in Nordic Stock

Nordic Halibut financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Halibut security.