OCEAN Stock Overview
A green tech company, develops point source carbon capture and GeoLoop column units in Norway.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Ocean GeoLoop AS Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr10.00 |
| 52 Week High | kr17.05 |
| 52 Week Low | kr6.42 |
| Beta | 0.25 |
| 1 Month Change | 12.99% |
| 3 Month Change | 47.49% |
| 1 Year Change | -41.18% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -68.55% |
Recent News & Updates
Recent updates
Shareholder Returns
| OCEAN | NO Commercial Services | NO Market | |
|---|---|---|---|
| 7D | 33.3% | 3.0% | -0.3% |
| 1Y | -41.2% | -42.7% | 8.0% |
Return vs Industry: OCEAN exceeded the Norwegian Commercial Services industry which returned -42.7% over the past year.
Return vs Market: OCEAN underperformed the Norwegian Market which returned 8% over the past year.
Price Volatility
| OCEAN volatility | |
|---|---|
| OCEAN Average Weekly Movement | 10.6% |
| Commercial Services Industry Average Movement | 8.6% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 3.0% |
Stable Share Price: OCEAN's share price has been volatile over the past 3 months.
Volatility Over Time: OCEAN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 47 | Odd-Geir Lademo | www.oceangeoloop.com |
Ocean GeoLoop AS, a green tech company, develops point source carbon capture and GeoLoop column units in Norway. The company offers GeoLoop CC technology, which captures point source CO2 emissions using natural and harmless processes, as well as turns it into liquid state; and GeoLoop Column, a multi-functional ocean-based dome-system. It also focuses on developing e-Loop, a new technology for electricity production.
Ocean GeoLoop AS Fundamentals Summary
| OCEAN fundamental statistics | |
|---|---|
| Market cap | kr527.15m |
| Earnings (TTM) | -kr43.80m |
| Revenue (TTM) | kr172.85m |
3.0x
P/S Ratio-12.0x
P/E RatioIs OCEAN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OCEAN income statement (TTM) | |
|---|---|
| Revenue | kr172.85m |
| Cost of Revenue | kr113.50m |
| Gross Profit | kr59.35m |
| Other Expenses | kr103.16m |
| Earnings | -kr43.80m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Sep 05, 2024
| Earnings per share (EPS) | -0.83 |
| Gross Margin | 34.34% |
| Net Profit Margin | -25.34% |
| Debt/Equity Ratio | 1.1% |
How did OCEAN perform over the long term?
See historical performance and comparison