Atea ASA (ATAZF) Stock Price, News & Analysis

Company Overview

Atea ASA is a Norway-based information technology infrastructure provider serving businesses and public-sector organizations across the Nordic and Baltic regions. The company delivers technology products and services designed to support digital workplaces, data centers, cloud environments and enterprise IT operations.

Its offerings include computers and other hardware, software, networking equipment, cybersecurity solutions, data storage and communications technology. Atea also provides consulting, systems integration, lifecycle management, cloud services and managed services, helping customers plan, implement and operate their IT infrastructure.

Atea operates through businesses in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. The company is headquartered in Oslo and is listed on the Oslo Stock Exchange. Atea is led by chief executive officer Steinar Sønsteby.

Key Stats

• Today's Range: C$17.00 to C$17.00
• 50-Day Range: C$17.00 to C$17.79
• 52-Week Range: C$14.78 to C$17.79
• Volume: N/A
• Average Volume: 220 shs
• Market Capitalization: N/A
• P/E Ratio: 4.29
• Dividend Yield: 17.65%
• Price Target: N/A
• Consensus Rating: N/A

Atea ASA Stock Analysis - MarketRank™

Atea ASA scored higher than 45% 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 4.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Atea ASA is 4.29, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 45.59.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Atea ASA has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Atea ASA has recently decreased by 46.40%, 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: 3.2 / 5
• News Sentiment: N/A

News Sentiment

Atea ASA has a news sentiment score of 1.18. 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 0.64 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article 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: Technology
• Industry: IT 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: 8,165
• Year Founded: 1968

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 4.29
• 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