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Ocean Sun OB:OSUN Stock Report

Last Price

kr3.55

Market Cap

kr159.7m

7D

1.4%

1Y

-48.5%

Updated

27 Mar, 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 Pricekr3.55
52 Week Highkr7.20
52 Week Lowkr3.00
Beta2.55
1 Month Change-12.35%
3 Month Change-11.25%
1 Year Change-48.48%
3 Year Change-89.40%
5 Year Changen/a
Change since IPO-76.32%

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
7D1.4%6.7%1.6%
1Y-48.5%12.6%5.4%

Return vs Industry: OSUN underperformed the Norwegian Construction industry which returned 12% over the past year.

Return vs Market: OSUN underperformed the Norwegian Market which returned 5.6% over the past year.

Price Volatility

Is OSUN's price volatile compared to industry and market?
OSUN volatility
OSUN Average Weekly Movement10.6%
Construction Industry Average Movement4.6%
Market Average Movement5.3%
10% most volatile stocks in NO Market10.3%
10% least volatile stocks in NO Market2.8%

Stable Share Price: OSUN has not had significant price volatility in the past 3 months.

Volatility Over Time: OSUN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
201613Kristian Torvoldhttps://oceansun.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 Fornebu, Norway.

Ocean Sun AS Fundamentals Summary

How do Ocean Sun's earnings and revenue compare to its market cap?
OSUN fundamental statistics
Market capkr159.70m
Earnings (TTM)-kr18.39m
Revenue (TTM)kr3.15m

50.7x

P/S Ratio

-8.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OSUN income statement (TTM)
Revenuekr3.15m
Cost of Revenuekr5.06m
Gross Profit-kr1.90m
Other Expenseskr16.49m
Earnings-kr18.39m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 18, 2024

Earnings per share (EPS)-0.41
Gross Margin-60.39%
Net Profit Margin-583.41%
Debt/Equity Ratio0%

How did OSUN perform over the long term?

See historical performance and comparison
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