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Otovo OB:OTOVO Stock Report

Last Price

NOK 1.19

Market Cap

NOK 334.7m

7D

8.0%

1Y

-85.5%

Updated

08 Sep, 2024

Data

Company Financials +

Otovo ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Otovo
Historical stock prices
Current Share PriceNOK 1.19
52 Week HighNOK 8.55
52 Week LowNOK 0.99
Beta0.92
11 Month Change-7.03%
3 Month Change-42.79%
1 Year Change-85.52%
33 Year Change-92.83%
5 Year Change-86.48%
Change since IPO-85.13%

Recent News & Updates

Otovo ASA (OB:OTOVO) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Aug 29
Otovo ASA (OB:OTOVO) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Otovo ASA (OB:OTOVO) Not Doing Enough For Some Investors As Its Shares Slump 25%

Jul 13
Otovo ASA (OB:OTOVO) Not Doing Enough For Some Investors As Its Shares Slump 25%

Subdued Growth No Barrier To Otovo ASA (OB:OTOVO) With Shares Advancing 30%

May 24
Subdued Growth No Barrier To Otovo ASA (OB:OTOVO) With Shares Advancing 30%

Recent updates

Otovo ASA (OB:OTOVO) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Aug 29
Otovo ASA (OB:OTOVO) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Otovo ASA (OB:OTOVO) Not Doing Enough For Some Investors As Its Shares Slump 25%

Jul 13
Otovo ASA (OB:OTOVO) Not Doing Enough For Some Investors As Its Shares Slump 25%

Subdued Growth No Barrier To Otovo ASA (OB:OTOVO) With Shares Advancing 30%

May 24
Subdued Growth No Barrier To Otovo ASA (OB:OTOVO) With Shares Advancing 30%

Analyst Forecasts Just Became More Bearish On Otovo ASA (OB:OTOVO)

May 05
Analyst Forecasts Just Became More Bearish On Otovo ASA (OB:OTOVO)

Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%

Mar 12
Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%

Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates

Feb 17
Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates

Otovo ASA (OB:OTOVO) Just Reported, And Analysts Assigned A kr3.90 Price Target

Feb 11
Otovo ASA (OB:OTOVO) Just Reported, And Analysts Assigned A kr3.90 Price Target

Otovo ASA's (OB:OTOVO) Shares Not Telling The Full Story

Jan 19
Otovo ASA's (OB:OTOVO) Shares Not Telling The Full Story

Analysts Just Slashed Their Otovo ASA (OB:OTOVO) EPS Numbers

Nov 02
Analysts Just Slashed Their Otovo ASA (OB:OTOVO) EPS Numbers

Otovo (OB:OTOVO) Is Using Debt Safely

Jun 22
Otovo (OB:OTOVO) Is Using Debt Safely

Need To Know: Analysts Are Much More Bullish On Otovo ASA (OB:OTOVO) Revenues

May 13
Need To Know: Analysts Are Much More Bullish On Otovo ASA (OB:OTOVO) Revenues

News Flash: Analysts Just Made A Captivating Upgrade To Their Otovo ASA (OB:OTOVO) Forecasts

Feb 13
News Flash: Analysts Just Made A Captivating Upgrade To Their Otovo ASA (OB:OTOVO) Forecasts

The Consensus EPS Estimates For Otovo ASA (OB:OTOVO) Just Fell Dramatically

Jan 30
The Consensus EPS Estimates For Otovo ASA (OB:OTOVO) Just Fell Dramatically

Otovo ASA (OB:OTOVO) Just Reported And Analysts Have Been Cutting Their Estimates

Jan 28
Otovo ASA (OB:OTOVO) Just Reported And Analysts Have Been Cutting Their Estimates

Is Otovo (OB:OTOVO) Using Too Much Debt?

Aug 03
Is Otovo (OB:OTOVO) Using Too Much Debt?

Shareholder Returns

OTOVONO ElectricalNO Market
7D8.0%-4.5%-3.8%
1Y-85.5%27.5%-0.3%

Return vs Industry: OTOVO underperformed the Norwegian Electrical industry which returned 27.5% over the past year.

Return vs Market: OTOVO underperformed the Norwegian Market which returned -0.3% over the past year.

Price Volatility

Is OTOVO's price volatile compared to industry and market?
OTOVO volatility
OTOVO Average Weekly Movement10.1%
Electrical Industry Average Movement5.3%
Market Average Movement4.9%
10% most volatile stocks in NO Market11.4%
10% least volatile stocks in NO Market2.8%

Stable Share Price: OTOVO's share price has been volatile over the past 3 months.

Volatility Over Time: OTOVO's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015387Andreas Thorsheimwww.otovo.no

Otovo ASA, together with its subsidiaries, operates an online marketplace for solar installations in Norway. It operates through Marketplace and Subscription SPV segments. The company develops and manages an online sales platform, which provides subscription for solar panel installations and related products for private households.

Otovo ASA Fundamentals Summary

How do Otovo's earnings and revenue compare to its market cap?
OTOVO fundamental statistics
Market capNOK 334.66m
Earnings (TTM)-NOK 439.53m
Revenue (TTM)NOK 741.63m

0.5x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OTOVO income statement (TTM)
RevenueNOK 741.63m
Cost of RevenueNOK 585.94m
Gross ProfitNOK 155.68m
Other ExpensesNOK 595.21m
Earnings-NOK 439.53m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 24, 2024

Earnings per share (EPS)-1.56
Gross Margin20.99%
Net Profit Margin-59.27%
Debt/Equity Ratio45.0%

How did OTOVO perform over the long term?

See historical performance and comparison