PGS ASA (Norway) Today
| PGS Stock | NOK 8.31 0.30 3.48% |
Performance16 of 100
| Odds Of DistressLess than 26
|
PGS ASA is selling for 8.31 as of the 3rd of May 2024. This is a -3.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 8.22. PGS ASA has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for PGS ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
It offers a range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation to oil and gas companies. PGS ASA was founded in 1991 and is headquartered in Oslo, Norway. PGS ASA operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. The company has 909.25 M outstanding shares. More on PGS ASA
Moving together with PGS Stock
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Moving against PGS Stock
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| 0.63 | PCIB | PCI Biotech Holding | PairCorr |
| 0.62 | ACC | Aker Carbon Capture | PairCorr |
PGS 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. PGS ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PGS ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Jon Reinhardsen |
| Business Concentration | Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) |
PGS ASA (PGS) is traded on Oslo Stock Exchange in Norway and employs 930 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PGS ASA's market, we take the total number of its shares issued and multiply it by PGS ASA'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. PGS ASA operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 909.25 M outstanding shares.
PGS ASA has accumulated about 363.8 M in cash with 371.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1.
Check PGS ASA Probability Of Bankruptcy
Ownership AllocationPGS ASA has a total of 909.25 Million outstanding shares. 30% of PGS ASA outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Therefore, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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 PGS Ownership Details
PGS Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of PGS ASA jumping above the current price in 90 days from now is about 15.87%. The PGS ASA probability density function shows the probability of PGS ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PGS ASA has a beta of -0.4918 indicating as returns on the benchmark increase, returns on holding PGS ASA are expected to decrease at a much lower rate. During a bear market, however, PGS ASA is likely to outperform the market. Additionally, pGS ASA has an alpha of 0.3284, implying that it can generate a 0.33 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of PGS ASA to move above the current price in 90 days from now is about 15.87 (This PGS ASA probability density function shows the probability of PGS Stock to fall within a particular range of prices over 90 days) .
PGS ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PGS ASA market risk premium is the additional return an investor will receive from holding PGS ASA 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 PGS ASA. 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 PGS ASA's alpha and beta are two of the key measurements used to evaluate PGS ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.85 | |||
| Semi Deviation | 1.56 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.17 |
PGS Stock Against Markets
Picking the right benchmark for PGS ASA 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 PGS ASA 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 PGS ASA is critical whether you are bullish or bearish towards PGS ASA at a given time. Please also check how PGS ASA'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 PGS ASA 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.Did you try this?
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PGS ASA Corporate Directors
PGS ASA corporate directors refer to members of a PGS ASA board of directors. The board of directors generally takes responsibility for the PGS ASA'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 PGS ASA's board members must vote for the resolution. The PGS ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Trond Brandsrud | Director | Profile | |
| AnneGrethe Dalane | Director | Profile | |
| Holly Deursen | Independent Director | Profile | |
| Marianne Kah | Director | Profile |
How to buy PGS Stock?
Before investing in PGS ASA, 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 PGS ASA. To buy PGS ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PGS ASA. 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 PGS ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PGS 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 PGS 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 PGS 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 PGS ASA?
The danger of trading PGS 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 PGS ASA 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 PGS ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PGS 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 PGS 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for PGS Stock analysis
When running PGS ASA's price analysis, check to measure PGS ASA'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 PGS ASA is operating at the current time. Most of PGS ASA's value examination focuses on studying past and present price action to predict the probability of PGS ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PGS ASA's price. Additionally, you may evaluate how the addition of PGS ASA to your portfolios can decrease your overall portfolio volatility.
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