Atea ASA (ATAZF) Stock Price, News & Analysis

Company Overview

Atea ASA provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. The company offers data center and networking solutions comprising of cloudtrack, continuity planning, backup service, managed data center, cloud intelligence service, and disaster recovery services. It is also involved in software licensing and cloud solutions. In addition, the company provides business intelligence, Internet of Things, artificial intelligence, and machine learning services. Further, it offers IT security lifecycle management, and digital workplace solutions. Atea ASA was founded in 1968 and is headquartered in Oslo, Norway.

Key Stats

• Today's Range: C$15.95 to C$15.95
• 50-Day Range: C$14.78 to C$16.31
• 52-Week Range: C$14.78 to C$16.31
• Volume: N/A
• Average Volume: 225 shs
• Market Capitalization: N/A
• P/E Ratio: 4.03
• Dividend Yield: 18.81%
• Price Target: N/A
• Consensus Rating: N/A

Atea ASA Stock Analysis - MarketRank™

Atea ASA scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Atea ASA.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Atea ASA is 4.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atea ASA is 4.03, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 167.09.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Atea ASA has a short interest ratio ("days to cover") of 999.99, which indicates bearish sentiment.

Change versus previous month

Short interest in Atea ASA has recently decreased by 32.98%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Atea ASA is a leading dividend payer. It pays a dividend yield of 4.65%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Atea ASA does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Atea ASA is 75.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.85

News Sentiment

Atea ASA has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Atea ASA this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Atea ASA insiders have not sold or bought any company stock.

Percentage Held by Institutions

44.97% of the stock of Atea ASA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Information Technology Services
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:ATAZF
• Previous Symbol: OTC:ATAZF
• CIK: N/A
• Web: www.atea.com
• Phone: 47 22 09 50 00
• Fax: N/A
• Employees: 8,152
• Year Founded: 1968

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 4.03
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A