REACH.OL Live signals | Maximize Profits with Getagraph.com

SELL 23 min ago

@ NOK5.94

Issued: 19 Apr 2024 @ 04:45

Return: 0.00%

Previous signal: Apr 18 - 09:31

Previous signal: Buy

Return: 1.02 %

Live Chart Being Loaded With Signals

Commentary (19 Apr 2024 @ 04:45):
Our systems believe the stock currently is overvalued by 1.58% compare to its pairs and should correct downwards.

Stats
Today's Volume	4 605.00
Average Volume	273 211
Market Cap	1.61B
EPS	NOK0 ( 2024-02-13 )
Next earnings date	( NOK0.0900 ) 2024-05-07
Last Dividend	NOK0.180 ( 2023-06-01 )
Next Dividend	NOK0.360 ( 2024-06-03 )
P/E	9.14
ATR14	NOK0 (0.00%)

Correlation (AI algo v.1.1b): Overvalued: -1.58% NOK5.85 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 1.00 (very strong)

Short: 0.00 (neutral)

Signal:(100) Neutral

Reach Subsea ASA Correlation

10 Most Positive Correlations
XPLRA.OL	0.857
HEX.OL	0.847
ODL.OL	0.842
MOWI.OL	0.816

10 Most Negative Correlations
XXL.OL	-0.891
DOF.OL	-0.864
VEI.OL	-0.831
ASA.OL	-0.805
AUTO.OL	-0.804

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Reach Subsea ASA Correlation - Currency/Commodity

0.45
( neutral )

0.16
( neutral )

0.00
( neutral )

-0.42
( neutral )

0.00
( neutral )

0.24
( neutral )

Reach Subsea ASA Financials

Annual	2022
Revenue:	NOK1.16B
Gross Profit:	NOK535.20M (46.08 %)
EPS:	NOK0.350

Q3	2023
Revenue:	NOK651.85M
Gross Profit:	NOK286.44M (43.94 %)
EPS:	NOK0.300

Q2	2023
Revenue:	NOK606.60M
Gross Profit:	NOK263.16M (43.38 %)
EPS:	NOK0.340

Q1	2023
Revenue:	NOK234.00M
Gross Profit:	NOK92.75M (39.64 %)
EPS:	NOK0.0200

Financial Reports:

No articles found.

Reach Subsea ASA Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0.180 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0 (N/A)	NOK0.360 (N/A)	NOK0 (N/A)	NOK0 (N/A)

Reach Subsea ASA Dividend Information - Dividend King

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.82 - Stable (16.41%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	NOK40.72	2006-05-19
Last Dividend	NOK0.180	2023-06-01
Next Dividend	NOK0.360	2024-06-03
Payout Date	2023-06-08
Next Payout Date	2024-06-11
# dividends	7	--
Total Paid Out	NOK41.81	--
Avg. Dividend % Per Year	6.77%	--
Score	5.44	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	5.82
Div. Directional Score	8.23	--

Next Divdend (Est)
(2028-11-13)

NOK0.457 Estimate 5.29 %

Dividend Stability

0.21 Very Poor

Dividend Score

5.44

Pay Frequency

Sporadic

Yearly Payout

Year	Amount	Yield
2006	NOK40.72	4.07%
2007	NOK0	0.00%
2008	NOK0	0.00%
2009	NOK0	0.00%
2010	NOK0	0.00%
2011	NOK0	0.00%
2012	NOK0	0.00%
2013	NOK0	0.00%
2014	NOK0	0.00%
2015	NOK0	0.00%
2016	NOK0	0.00%
2017	NOK0	0.00%
2018	NOK0	0.00%
2019	NOK0.0697	3.06%
2020	NOK0	0.00%
2021	NOK0.299	13.20%
2022	NOK0.179	5.87%
2023	NOK0.180	4.28%
2024	NOK0.360	8.07%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
ALNG.OL	Dividend King	2023-11-27	Quarterly	2	6.60%	7.04
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
SALM.OL	Dividend Knight	2023-06-09	Annually	17	2.80%	4.97
BWLPG.OL	Dividend Knight	2023-11-17	Quarterly	11	1.68%	4.46
ELK.OL	Dividend Knight	2023-05-02	Annually	6	6.64%	4.31
BWO.OL	Dividend Knight	2023-11-20	Quarterly	14	0.87%	3.96
ATEA.OL	Dividend Knight	2023-11-20	Annually	16	2.97%	3.45
HAFNI.OL	Dividend Knight	2023-11-23	Semi-Annually	5	1.18%	3.31
AKER.OL	Dividend Knight	2023-11-07	Semi-Annually	20	2.99%	3.13
AUSS.OL	Dividend Knight	2023-05-26	Annually	17	3.23%	2.93

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0994	1.500	8.01	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0689	1.200	7.70	9.24	[0 - 0.3]
returnOnEquityTTM	0.254	1.500	8.29	10.00	[0.1 - 1]
payoutRatioTTM	0.254	-1.000	7.46	-7.46	[0 - 1]
currentRatioTTM	0.975	0.800	-0.125	-0.100	[1 - 3]
quickRatioTTM	0.949	0.800	9.13	7.30	[0.8 - 2.5]
cashRatioTTM	0.159	1.500	-0.227	-0.341	[0.2 - 2]
debtRatioTTM	0.514	-1.500	1.429	-2.14	[0 - 0.6]
interestCoverageTTM	5.23	1.000	9.18	9.18	[3 - 30]
operatingCashFlowPerShareTTM	2.15	2.00	9.28	10.00	[0 - 30]
freeCashFlowPerShareTTM	1.483	2.00	9.26	10.00	[0 - 20]
debtEquityRatioTTM	1.639	-1.500	3.45	-5.17	[0 - 2.5]
grossProfitMarginTTM	0.438	1.000	6.03	6.03	[0.2 - 0.8]
operatingProfitMarginTTM	0.160	1.000	8.80	8.80	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.477	1.000	8.46	8.46	[0.2 - 2]
assetTurnoverTTM	0.694	0.800	8.71	6.97	[0.5 - 2]
Total Score				10.63

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	9.78	1.000	9.11	0	[1 - 100]
returnOnEquityTTM	0.254	2.50	8.90	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	1.483	2.00	9.51	10.00	[0 - 30]
dividendYielPercentageTTM	3.04	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	2.15	2.00	9.28	10.00	[0 - 30]
payoutRatioTTM	0.254	1.500	7.46	-7.46	[0 - 1]
pegRatioTTM	0.0429	1.500	-3.05	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.354	1.000	3.66	0	[0.1 - 0.5]
Total Score				5.82

Reach Subsea ASA

Reach Subsea ASA provides subsea services worldwide. The company operates in two segments, Oil & Gas and Renewable/Other. It offers inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance. The company also provides asset integrity/pipeline inspection services; survey services, including geophysical, geotechnical, UXO, environmental, hydrography, and archaeology; and engineering and project management services. In addition, it offers construction support services comprising vessel, remotely operated vehicles, personnel, survey, and on demand engineering; seabed intervention; boulder clearance; touchdown monitoring; and pre-lay and post- lay survey. Further, the company provides offshore personnel contracting services; geophysical monitoring services, including real-time seismic monitoring, gravitude survey-based 4D gravity, seafloor subsidence monitoring, gravitude depthwatch for seismic nodes, injection integrity monitoring, well drilling, and under control; and environmental monitoring services, such as monitoring CO2 injection and storage, earthquake monitoring and prediction, and geothermal resources assessment and monitoring. It serves oil and gas, renewables, and utilities sectors. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.