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Arctic Bioscience OB:ABS Stock Report

Last Price

NOK 2.02

Market Cap

NOK 51.2m

7D

-84.8%

1Y

-77.5%

Updated

20 Oct, 2024

Data

Company Financials +

ABS Stock Overview

A clinical-stage biotechnology company, engages in developing and commercializing pharmaceutical and nutraceutical ingredients based on bioactive marine compounds.

ABS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Arctic Bioscience AS Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Arctic Bioscience
Historical stock prices
Current Share PriceNOK 2.02
52 Week HighNOK 16.80
52 Week LowNOK 1.92
Beta0.67
11 Month Change-83.84%
3 Month Change-80.58%
1 Year Change-77.51%
33 Year Change-88.78%
5 Year Changen/a
Change since IPO-92.65%

Recent News & Updates

We're Keeping An Eye On Arctic Bioscience's (OB:ABS) Cash Burn Rate

Aug 20
We're Keeping An Eye On Arctic Bioscience's (OB:ABS) Cash Burn Rate

Recent updates

We're Keeping An Eye On Arctic Bioscience's (OB:ABS) Cash Burn Rate

Aug 20
We're Keeping An Eye On Arctic Bioscience's (OB:ABS) Cash Burn Rate

We're Hopeful That Arctic Bioscience (OB:ABS) Will Use Its Cash Wisely

Jul 08
We're Hopeful That Arctic Bioscience (OB:ABS) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About Arctic Bioscience's (OB:ABS) Cash Burn Situation

Apr 09
Here's Why We're Not Too Worried About Arctic Bioscience's (OB:ABS) Cash Burn Situation

Shareholder Returns

ABSNO BiotechsNO Market
7D-84.8%-5.2%-1.3%
1Y-77.5%-58.7%1.8%

Return vs Industry: ABS underperformed the Norwegian Biotechs industry which returned -58.7% over the past year.

Return vs Market: ABS underperformed the Norwegian Market which returned 1.8% over the past year.

Price Volatility

Is ABS's price volatile compared to industry and market?
ABS volatility
ABS Average Weekly Movement26.3%
Biotechs Industry Average Movement10.7%
Market Average Movement4.9%
10% most volatile stocks in NO Market10.5%
10% least volatile stocks in NO Market2.7%

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

Volatility Over Time: ABS's weekly volatility has increased from 16% to 26% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201117Christer Valderhaugwww.arctic-bioscience.com

Arctic Bioscience AS, a clinical-stage biotechnology company, engages in developing and commercializing pharmaceutical and nutraceutical ingredients based on bioactive marine compounds. The company is developing HRO350, a novel oral drug which is in phase IIb for the treatment of mild-to-moderate psoriasis. It also sells nutraceuticals as intermediary and finished goods products under the ROMEGA brand worldwide.

Arctic Bioscience AS Fundamentals Summary

How do Arctic Bioscience's earnings and revenue compare to its market cap?
ABS fundamental statistics
Market capNOK 51.25m
Earnings (TTM)-NOK 48.37m
Revenue (TTM)NOK 31.88m

1.6x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABS income statement (TTM)
RevenueNOK 31.88m
Cost of RevenueNOK 22.24m
Gross ProfitNOK 9.64m
Other ExpensesNOK 58.00m
Earnings-NOK 48.37m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.91
Gross Margin30.23%
Net Profit Margin-151.72%
Debt/Equity Ratio0%

How did ABS perform over the long term?

See historical performance and comparison