OBSRV Stock Overview
Engages in developing and commercializing medical technology products for patients, healthcare professionals, and hospitals in Norway, Sweden, the United States, and rest of European countries.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Observe Medical ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 0.40 |
| 52 Week High | NOK 1.47 |
| 52 Week Low | NOK 0.26 |
| Beta | 0.35 |
| 11 Month Change | -0.50% |
| 3 Month Change | -9.34% |
| 1 Year Change | -56.41% |
| 33 Year Change | -97.65% |
| 5 Year Change | n/a |
| Change since IPO | -93.37% |
Recent News & Updates
Recent updates
Is Observe Medical (OB:OBSRV) Using Too Much Debt?
Jun 27
Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt
Sep 23Is Observe Medical (OB:OBSRV) Using Debt In A Risky Way?
Jun 07Here's Why Observe Medical (OB:OBSRV) Can Afford Some Debt
Feb 08We Think Observe Medical (OB:OBSRV) Has A Fair Chunk Of Debt
Sep 11Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt
Mar 02Shareholder Returns
| OBSRV | NO Medical Equipment | NO Market | |
|---|---|---|---|
| 7D | 4.7% | -1.4% | 0.6% |
| 1Y | -56.4% | 16.5% | 1.4% |
Return vs Industry: OBSRV underperformed the Norwegian Medical Equipment industry which returned 16.5% over the past year.
Return vs Market: OBSRV underperformed the Norwegian Market which returned 1.4% over the past year.
Price Volatility
| OBSRV volatility | |
|---|---|
| OBSRV Average Weekly Movement | 8.8% |
| Medical Equipment Industry Average Movement | 5.6% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in NO Market | 11.0% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: OBSRV's share price has been volatile over the past 3 months.
Volatility Over Time: OBSRV's weekly volatility has decreased from 16% to 9% over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 9 | Jorgen Mann | observemedical.com |
Observe Medical ASA engages in developing and commercializing medical technology products for patients, healthcare professionals, and hospitals in Norway, Sweden, the United States, and rest of European countries. It offers Sippi, a digital and automated urine measurement system for urine monitoring and biofilm control; and Biim, a wireless pocketable ultrasound device for display of the ultrasound image and video for nurses and medical staff. The company also offers Unometer, Safeti Plus, Unometer 500, UnoMeter, and AbdoPressure products used for drainage, collection, and measurement of urine output from patients, as well as provides medtech devices and disposables within urine measurement, anesthesiology/ICUs, and wound care products.
Observe Medical ASA Fundamentals Summary
| OBSRV fundamental statistics | |
|---|---|
| Market cap | NOK 97.78m |
| Earnings (TTM) | -NOK 47.68m |
| Revenue (TTM) | NOK 29.18m |
3.4x
P/S Ratio-2.1x
P/E RatioIs OBSRV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OBSRV income statement (TTM) | |
|---|---|
| Revenue | NOK 29.18m |
| Cost of Revenue | NOK 19.18m |
| Gross Profit | NOK 10.00m |
| Other Expenses | NOK 57.68m |
| Earnings | -NOK 47.68m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.19 |
| Gross Margin | 34.26% |
| Net Profit Margin | -163.41% |
| Debt/Equity Ratio | 52.1% |
How did OBSRV perform over the long term?
See historical performance and comparison