company background image
OSUN logo

Ocean Sun OB:OSUN Stock Report

Last Price

NOK 1.83

Market Cap

NOK 82.1m

7D

-5.7%

1Y

-54.4%

Updated

24 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 1.83
52 Week HighNOK 4.74
52 Week LowNOK 1.51
Beta2.43
11 Month Change-3.95%
3 Month Change-3.95%
1 Year Change-54.37%
33 Year Change-87.99%
5 Year Changen/a
Change since IPO-87.83%

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-5.7%0.4%1.1%
1Y-54.4%46.9%2.9%

Return vs Industry: OSUN underperformed the Norwegian Construction industry which returned 46.9% over the past year.

Return vs Market: OSUN underperformed the Norwegian Market which returned 2.9% over the past year.

Price Volatility

Is OSUN's price volatile compared to industry and market?
OSUN volatility
OSUN Average Weekly Movement14.7%
Construction Industry Average Movement4.4%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.7%
10% least volatile stocks in NO Market2.6%

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 (15%) 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 82.10m
Earnings (TTM)-NOK 15.89m
Revenue (TTM)NOK 6.91m

11.9x

P/S Ratio

-5.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OSUN income statement (TTM)
RevenueNOK 6.91m
Cost of RevenueNOK 5.54m
Gross ProfitNOK 1.37m
Other ExpensesNOK 17.26m
Earnings-NOK 15.89m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)-0.35
Gross Margin19.80%
Net Profit Margin-229.89%
Debt/Equity Ratio0%

How did OSUN perform over the long term?

See historical performance and comparison