Philly Shipyard (Norway) Today

PHLY Stock  NOK 34.30  0.10  0.29%   

Performance

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Odds Of Distress

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Philly Shipyard is selling for 34.30 as of the 28th of March 2024. This is a -0.29 percent down since the beginning of the trading day. The stock's lowest day price was 34.0. Philly Shipyard has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Philly Shipyard ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Philly Shipyard ASA operates commercial shipyard constructing vessels for operation in the United States Jones Act market. The company was founded in 1997 and is headquartered in Oslo, Norway. PHILLY SHIPYARD operates under Aerospace Defense classification in Norway and is traded on Oslo Stock Exchange. The company has 12.11 M outstanding shares. More on Philly Shipyard ASA

Moving together with Philly Stock

  0.71EMGS Electromagnetic GeoservicesPairCorr

Moving against Philly Stock

  0.77KOG Kongsberg Gruppen ASAPairCorr
  0.61ZAL Zalaris ASAPairCorr
Follow Valuation Odds of Bankruptcy
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Philly 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. Philly Shipyard's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Philly Shipyard or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationAerospace & Defense, Industrials (View all Sectors)
Philly Shipyard ASA (PHLY) is traded on Oslo Stock Exchange in Norway and employs 1,406 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 556.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Philly Shipyard's market, we take the total number of its shares issued and multiply it by Philly Shipyard'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. Philly Shipyard ASA operates under Industrials sector and is part of Aerospace & Defense industry. The entity has 12.11 M outstanding shares. Philly Shipyard ASA has accumulated about 58.8 M in cash with 172.72 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.86.
Check Philly Shipyard Probability Of Bankruptcy
Ownership Allocation
Philly Shipyard ASA has a total of 12.11 Million outstanding shares. Philly Shipyard holds 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. 63.22 pct. of Philly Shipyard ASA outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Philly Ownership Details

Philly Shipyard ASA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Philly Shipyard market risk premium is the additional return an investor will receive from holding Philly Shipyard 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 Philly Shipyard. 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 Philly Shipyard's alpha and beta are two of the key measurements used to evaluate Philly Shipyard's performance over the market, the standard measures of volatility play an important role as well.

Philly Stock Against Markets

Picking the right benchmark for Philly Shipyard 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 Philly Shipyard 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 Philly Shipyard is critical whether you are bullish or bearish towards Philly Shipyard ASA at a given time. Please also check how Philly Shipyard'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 Philly Shipyard 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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Philly Shipyard Corporate Management

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

How to buy Philly Stock?

Before investing in Philly Shipyard, 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 Philly Shipyard. To buy Philly Shipyard stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Philly Shipyard. 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 Philly Shipyard stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Philly Shipyard ASA 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 Philly Shipyard ASA 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 Philly Shipyard ASA, 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 Philly Shipyard ASA?

The danger of trading Philly Shipyard ASA 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 Philly Shipyard 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 Philly Shipyard. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Philly Shipyard ASA 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philly Shipyard ASA. 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.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Philly Stock analysis

When running Philly Shipyard's price analysis, check to measure Philly Shipyard'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 Philly Shipyard is operating at the current time. Most of Philly Shipyard's value examination focuses on studying past and present price action to predict the probability of Philly Shipyard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Philly Shipyard's price. Additionally, you may evaluate how the addition of Philly Shipyard to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Philly Shipyard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Philly Shipyard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Philly Shipyard'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.