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Ocean Sun OB:OSUN Stock Report

Last Price

NOK 1.96

Market Cap

NOK 88.2m

7D

-6.7%

1Y

-55.6%

Updated

04 Nov, 2024

Data

Company Financials

Ocean Sun AS Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ocean Sun
Historical stock prices
Current Share PriceNOK 1.96
52 Week HighNOK 4.89
52 Week LowNOK 1.56
Beta2.46
11 Month Change-3.92%
3 Month Change-7.55%
1 Year Change-55.56%
33 Year Change-87.17%
5 Year Changen/a
Change since IPO-86.92%

Recent News & Updates

Recent updates

Calculating The Intrinsic Value Of Ocean Sun AS (OB:OSUN)

Jul 12
Calculating The Intrinsic Value Of Ocean Sun AS (OB:OSUN)

Ocean Sun (OB:OSUN) Is In A Strong Position To Grow Its Business

Apr 21
Ocean Sun (OB:OSUN) Is In A Strong Position To Grow Its Business

Here's Why We're Not At All Concerned With Ocean Sun's (OB:OSUN) Cash Burn Situation

Jan 04
Here's Why We're Not At All Concerned With Ocean Sun's (OB:OSUN) Cash Burn Situation

We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

Jun 14
We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

We're Not Very Worried About Ocean Sun's (OB:OSUN) Cash Burn Rate

Mar 08
We're Not Very Worried About Ocean Sun's (OB:OSUN) Cash Burn Rate

We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

Jul 22
We're Not Worried About Ocean Sun's (OB:OSUN) Cash Burn

Shareholder Returns

OSUNNO ConstructionNO Market
7D-6.7%-0.08%-1.9%
1Y-55.6%38.9%0.2%

Return vs Industry: OSUN underperformed the Norwegian Construction industry which returned 39.2% over the past year.

Return vs Market: OSUN underperformed the Norwegian Market which returned 1.2% over the past year.

Price Volatility

Is OSUN's price volatile compared to industry and market?
OSUN volatility
OSUN Average Weekly Movement13.6%
Construction Industry Average Movement4.2%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.7%

Stable Share Price: OSUN's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: OSUN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
201614Kristian Torvoldoceansun.no

Ocean Sun AS develops floating power system with solar panels. Its system consists of one or multiple floaters anchored side-by-side to build larger power plants, as well as takes local water depth, wave, current, and wind conditions into consideration. The company was incorporated in 2016 and is headquartered in Lysaker, Norway.

Ocean Sun AS Fundamentals Summary

How do Ocean Sun's earnings and revenue compare to its market cap?
OSUN fundamental statistics
Market capNOK 88.17m
Earnings (TTM)-NOK 15.48m
Revenue (TTM)NOK 6.18m

14.3x

P/S Ratio

-5.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OSUN income statement (TTM)
RevenueNOK 6.18m
Cost of RevenueNOK 8.05m
Gross Profit-NOK 1.87m
Other ExpensesNOK 13.60m
Earnings-NOK 15.48m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 07, 2024

Earnings per share (EPS)-0.34
Gross Margin-30.34%
Net Profit Margin-250.48%
Debt/Equity Ratio0%

How did OSUN perform over the long term?

See historical performance and comparison