Lery Seafood (Norway) Today

LSG Stock  NOK 46.52  0.62  1.35%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Lery Seafood is selling for 46.52 as of the 23rd of April 2024. This is a 1.35 percent increase since the beginning of the trading day. The stock's lowest day price was 45.78. Lery Seafood has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Lery Seafood Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Lery Seafood Group ASA produces, processes, markets, and distributes seafood products worldwide. Lery Seafood Group ASA is a subsidiary of Austevoll Seafood ASA. LEROY SEAFOOD operates under Agribusiness Agriculture And Fishing classification in Norway and is traded on Oslo Stock Exchange. The company has 595.48 M outstanding shares. More on Lery Seafood Group

Moving against Lery Stock

  0.76ZAP Zaptec ASPairCorr
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  0.6LUMI Lumi Gruppen ASPairCorr
Follow Valuation Odds of Bankruptcy
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Lery 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. Lery Seafood's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lery Seafood or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOHenning Beltestad
Thematic IdeaNatural Foods (View all Themes)
Business ConcentrationNatural Foods, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Lery Seafood Group (LSG) is traded on Oslo Stock Exchange in Norway and employs 6,000 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 33.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lery Seafood's market, we take the total number of its shares issued and multiply it by Lery Seafood'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. Lery Seafood Group operates under Food Products sector and is part of Consumer Staples industry. The entity has 595.48 M outstanding shares. Lery Seafood Group has accumulated about 4.2 B in cash with 3.74 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.32.
Check Lery Seafood Probability Of Bankruptcy
Ownership Allocation
Lery Seafood Group holds a total of 595.48 Million outstanding shares. Lery Seafood Group holds 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lery Ownership Details

Lery Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Lery Seafood jumping above the current price in 90 days from now is about 25.8%. The Lery Seafood Group probability density function shows the probability of Lery Seafood stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Lery Seafood has a beta of 0.8128. This indicates as returns on the market go up, Lery Seafood average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lery Seafood Group will be expected to be much smaller as well. Additionally, lery Seafood Group has an alpha of 0.0746, implying that it can generate a 0.0746 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 46.52HorizonTargetOdds Above 46.52
74.02%90 days
 46.52 
25.80%
Based on a normal probability distribution, the odds of Lery Seafood to move above the current price in 90 days from now is about 25.8 (This Lery Seafood Group probability density function shows the probability of Lery Stock to fall within a particular range of prices over 90 days) .

Lery Seafood Group Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lery Seafood market risk premium is the additional return an investor will receive from holding Lery Seafood long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lery Seafood. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lery Seafood's alpha and beta are two of the key measurements used to evaluate Lery Seafood's performance over the market, the standard measures of volatility play an important role as well.

Lery Stock Against Markets

Picking the right benchmark for Lery Seafood stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lery Seafood stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lery Seafood is critical whether you are bullish or bearish towards Lery Seafood Group at a given time. Please also check how Lery Seafood's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lery Seafood without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Lery Seafood Corporate Directors

Lery Seafood corporate directors refer to members of a Lery Seafood board of directors. The board of directors generally takes responsibility for the Lery Seafood's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lery Seafood's board members must vote for the resolution. The Lery Seafood board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Siri MannesIndependent DirectorProfile
Hans VestreDirector, Employee RepresentativeProfile
Arne MogsterDirectorProfile
Karoline MogsterDirectorProfile

How to buy Lery Stock?

Before investing in Lery Seafood, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lery Seafood. To buy Lery Seafood stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lery Seafood. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Lery Seafood stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Lery Seafood Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Lery Seafood Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lery Seafood Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Lery Seafood Group?

The danger of trading Lery Seafood Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lery Seafood is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lery Seafood. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lery Seafood Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lery Seafood Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Lery Seafood Group information on this page should be used as a complementary analysis to other Lery Seafood's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Lery Stock analysis

When running Lery Seafood's price analysis, check to measure Lery Seafood's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lery Seafood is operating at the current time. Most of Lery Seafood's value examination focuses on studying past and present price action to predict the probability of Lery Seafood's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lery Seafood's price. Additionally, you may evaluate how the addition of Lery Seafood to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Lery Seafood's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lery Seafood is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lery Seafood's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.