ABL Group (Norway) Today
| ABL Stock | 9.40 0.10 1.08% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ABL Group is selling for 9.40 as of the 23rd of November 2024. This is a 1.08% up since the beginning of the trading day. The stock's lowest day price was 9.32. ABL Group has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ABL Group ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
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ABL 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. ABL Group's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ABL Group or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Oil & Gas Equipment & Services, Energy (View all Sectors) |
ABL Group ASA (ABL) is traded on Oslo Stock Exchange in Norway and employs 1,063 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ABL Group's market, we take the total number of its shares issued and multiply it by ABL Group'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. ABL Group ASA operates under Energy sector and is part of Oil & Gas Equipment & Services industry. The entity has 104.77 M outstanding shares.
ABL Group ASA has accumulated about 19.82 M in cash with (187 K) of positive cash flow from operations.
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Ownership AllocationABL Group holds a total of 104.77 Million outstanding shares. ABL Group ASA retains considerable 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 secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
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ABL Group ASA Risk Profiles
Although ABL Group's alpha and beta are two of the key measurements used to evaluate ABL Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.37 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.61 | |||
| Risk Adjusted Performance | (0.08) |
ABL Stock Against Markets
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ABL Group Corporate Management
Elected by the shareholders, the ABL Group's board of directors comprises two types of representatives: ABL Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ABL. The board's role is to monitor ABL Group's management team and ensure that shareholders' interests are well served. ABL Group'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, ABL Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dean Zuzic | Chief Officer | Profile | |
| Bader Diab | Chief Officer | Profile | |
| John MacAskill | Group Director | Profile | |
| Rodger Dickson | Group Operations | Profile | |
| Philip Lenox | Regional Pacific | Profile | |
| Haakon Brandrud | Director Devel | Profile | |
| Svein Staalen | G Counsel | Profile |
Other Information on Investing in ABL Stock
ABL Group financial ratios help investors to determine whether ABL 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 ABL with respect to the benefits of owning ABL Group security.