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Alteco Medical NGM:ALTE Stock Report

Last Price

SEK 0.16

Market Cap

SEK 17.3m

7D

-23.3%

1Y

-36.1%

Updated

01 Nov, 2024

Data

Company Financials

ALTE Stock Overview

A medical device company, provides technology for blood purification during extracorporeal treatment.

ALTE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Alteco Medical AB Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alteco Medical
Historical stock prices
Current Share PriceSEK 0.16
52 Week HighSEK 0.55
52 Week LowSEK 0.089
Beta0.19
11 Month Change-5.29%
3 Month Change-0.62%
1 Year Change-36.11%
33 Year Change-79.88%
5 Year Change-74.53%
Change since IPO-97.32%

Recent News & Updates

Recent updates

Have Insiders Been Buying Alteco Medical AB (NGM:ALTE) Shares?

Jan 11
Have Insiders Been Buying Alteco Medical AB (NGM:ALTE) Shares?

The Chairman of Alteco Medical AB (NGM:ALTE), Anders Althin, Just Bought 50% More Shares

Jan 11
The Chairman of Alteco Medical AB (NGM:ALTE), Anders Althin, Just Bought 50% More Shares

Shareholder Returns

ALTESE Medical EquipmentSE Market
7D-23.3%-4.8%-1.4%
1Y-36.1%5.6%20.7%

Return vs Industry: ALTE underperformed the Swedish Medical Equipment industry which returned 10.2% over the past year.

Return vs Market: ALTE underperformed the Swedish Market which returned 25.9% over the past year.

Price Volatility

Is ALTE's price volatile compared to industry and market?
ALTE volatility
ALTE Average Weekly Movement48.3%
Medical Equipment Industry Average Movement7.2%
Market Average Movement5.5%
10% most volatile stocks in SE Market10.9%
10% least volatile stocks in SE Market3.2%

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

Volatility Over Time: ALTE's weekly volatility has increased from 37% to 48% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20024n/awww.altecomedical.com

Alteco Medical AB, a medical device company, provides technology for blood purification during extracorporeal treatment. Its product portfolio includes Alteco LPS Adsorber, which removes endotoxin from the bloodstream. Alteco Medical AB was founded in 2002 and is based in Lund, Sweden.

Alteco Medical AB Fundamentals Summary

How do Alteco Medical's earnings and revenue compare to its market cap?
ALTE fundamental statistics
Market capSEK 17.26m
Earnings (TTM)-SEK 7.14m
Revenue (TTM)SEK 3.41m

5.1x

P/S Ratio

-2.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALTE income statement (TTM)
RevenueSEK 3.41m
Cost of RevenueSEK 2.06m
Gross ProfitSEK 1.35m
Other ExpensesSEK 8.48m
Earnings-SEK 7.14m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 21, 2024

Earnings per share (EPS)-0.067
Gross Margin39.50%
Net Profit Margin-209.58%
Debt/Equity Ratio-661.0%

How did ALTE perform over the long term?

See historical performance and comparison