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Realtime updates for Reach Subsea ASA [REACH.OL]

Exchange: OSE Sector: Energy Industry: Oil & Gas Equipment & Services
BUY
71.43%
return 6.07%
SELL
14.29%
return 4.39%
Last Updated21 Jun 2024 @ 10:29

11.86% Kr. 7.92

SELL 2039 min ago

@ Kr.7.80

Issued: 21 Jun 2024 @ 09:32


Return: 1.54%


Previous signal: Jun 21 - 05:16


Previous signal: Buy


Return: 0.52 %

Live Chart Being Loaded With Signals

Commentary (21 Jun 2024 @ 10:29):
Our systems believe the stock currently is undervalued by 0.15% compare to its pairs and should correct upwards.

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...

Stats
Today's Volume 970 332
Average Volume 245 225
Market Cap 2.15B
EPS Kr.0.0156 ( Q1 | 2024-03-31 )
Next earnings date ( Kr.0.240 ) 2024-08-26
Last Dividend Kr.0.360 ( 2024-06-03 )
Next Dividend Kr.0 ( N/A )
P/E 8.90
(Sector) 123.50
(Industry) 145.38
ATR14 Kr.0.640 (8.08%)
AKAST.OL -1.23%
AKSO.OL -1.10%
ARGEO.OL 2.56%
BWO.OL -1.87%
DOF.OL 0.00%
EIOF.OL 0.52%
EMGS.OL 2.18%
PGS.OL -0.50%
PRS.OL 1.20%
PSE.OL -0.80%
REACH.OL 11.86%
SBX.OL 0.54%
SDSD.OL -1.25%
SUBC.OL 0.41%
TGS.OL -1.15%
Correlation (AI algo v.1.1b): Undervalued: 0.15% Kr.7.93 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.84 (strong)
Short: 0.00 (neutral)
Signal:(72) Neutral

Reach Subsea ASA Correlation

10 Most Positive Correlations
KOG.OL0.968
ODL.OL0.941
AKBM.OL0.932
SIOFF.OL0.928
VOLUE.OL0.916
GOGL.OL0.913
BRG.OL0.889
ZAL.OL0.887
SVEG.OL0.883
GOD.OL0.882
10 Most Negative Correlations
PLT.OL-0.932
AKH.OL-0.914
HBC.OL-0.905
IOX.OL-0.9
BGBIO.OL-0.898
VOW.OL-0.897
AZT.OL-0.897
ACC.OL-0.896
MEDI.OL-0.891
ARGEO.OL-0.888

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

The country flag -0.56
( weak negative )
The country flag -0.71
( moderate negative )
The country flag 0.00
( neutral )
The country flag -0.33
( neutral )
The country flag 0.77
( moderate )
The country flag 0.78
( moderate )

Reach Subsea ASA Financials

Annual 2023
Revenue: Kr.1.97B
Gross Profit: Kr.839.82M (42.70 %)
EPS: Kr.0.890
FY 2023
Revenue: Kr.1.97B
Gross Profit: Kr.839.82M (42.70 %)
EPS: Kr.0.890
FY 2022
Revenue: Kr.1.16B
Gross Profit: Kr.535.20M (46.08 %)
EPS: Kr.0.350
FY 2021
Revenue: Kr.673.25M
Gross Profit: Kr.274.81M (40.82 %)
EPS: Kr.0.650

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)
Kr.0
(N/A)
Kr.0
(N/A)
Kr.0
(N/A)
Kr.0.180
(N/A)
Kr.0
(N/A)
Kr.0
(N/A)
Kr.0
(N/A)
Kr.0.360
(N/A)
Kr.0
(N/A)
Kr.0
(N/A)

Reach Subsea ASA Dividend Information - Dividend King

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 6.06 - Stable (21.21%)

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 Kr.40.72 2006-05-19
Last Dividend Kr.0.360 2024-06-03
Next Dividend Kr.0 N/A
Payout Date 2024-06-11
Next Payout Date N/A
# dividends 7 --
Total Paid Out Kr.41.81 --
Avg. Dividend % Per Year 6.79% --
Score 5.52 --
Div. Sustainability Score 10.00
Div.Growth Potential Score 6.06
Div. Directional Score 8.44 --
Next Divdend (Est)
(2028-11-13)
Kr.0.457 Estimate 5.29 %
Dividend Stability
0.21 Very Poor
Dividend Score
5.52
Pay Frequency
Sporadic
Yearly Payout
Year Amount Yield
2006 Kr.40.72 4.07%
2007 Kr.0 0.00%
2008 Kr.0 0.00%
2009 Kr.0 0.00%
2010 Kr.0 0.00%
2011 Kr.0 0.00%
2012 Kr.0 0.00%
2013 Kr.0 0.00%
2014 Kr.0 0.00%
2015 Kr.0 0.00%
2016 Kr.0 0.00%
2017 Kr.0 0.00%
2018 Kr.0 0.00%
2019 Kr.0.0697 3.07%
2020 Kr.0 0.00%
2021 Kr.0.299 13.30%
2022 Kr.0.179 5.89%
2023 Kr.0.180 4.30%
2024 Kr.0.360 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.

Dividend History

Ex Date Amount Declaration Date Record Date Payment Date
03 Jun 2024 Kr.0.360 30 Nov -0001 04 Jun 2024 11 Jun 2024
01 Jun 2023 Kr.0.180 30 Nov -0001 02 Jun 2023 08 Jun 2023
31 May 2022 Kr.0.179 30 Nov -0001 01 Jun 2022 08 Jun 2022
14 Jun 2021 Kr.0.149 30 Nov -0001 15 Jun 2021 21 Jun 2021
27 May 2021 Kr.0.150 30 Nov -0001 30 Nov -0001 30 Nov -0001
28 May 2019 Kr.0.0697 19 Feb 2019 29 May 2019 05 Jun 2019
19 May 2006 Kr.40.72 22 Feb 2006 23 May 2006 31 May 2006

Top 10 dividend Companies for OSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
2020.OL Dividend Diamond 2024-06-18 Monthly 6 17.78% 9.23
AGAS.OL Dividend Royal 2024-05-23 Quarterly 11 23.83% 8.55
BWLPG.OL Dividend Royal 2024-06-07 Quarterly 11 21.43% 8.36
VAR.OL Dividend Royal 2024-04-29 Quarterly 3 9.98% 8.24
MPCC.OL Dividend Royal 2024-06-20 Quarterly 3 29.02% 8.07
GOGL.OL Dividend Royal 2024-06-06 Quarterly 20 13.40% 8.07
BWO.OL Dividend Royal 2024-05-28 Quarterly 14 10.55% 7.87
FLNG.OL Dividend Royal 2024-06-07 Quarterly 6 9.63% 7.82
ALNG.OL Dividend Royal 2024-06-19 Quarterly 2 20.80% 7.82
HAFNI.OL Dividend Royal 2024-05-22 Semi-Annually 5 14.78% 7.59

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.09801.5008.0410.00[0 - 0.5]
returnOnAssetsTTM0.07091.2007.649.17[0 - 0.3]
returnOnEquityTTM0.2631.5008.1810.00[0.1 - 1]
payoutRatioTTM0.203-1.0007.97-7.97[0 - 1]
currentRatioTTM0.7630.800-1.184-0.947[1 - 3]
quickRatioTTM0.7450.800-0.325-0.260[0.8 - 2.5]
cashRatioTTM0.1751.500-0.139-0.208[0.2 - 2]
debtRatioTTM0.210-1.5006.51-9.76[0 - 0.6]
interestCoverageTTM3.741.0009.739.73[3 - 30]
operatingCashFlowPerShareTTM3.372.008.8810.00[0 - 30]
freeCashFlowPerShareTTM2.412.008.7910.00[0 - 20]
debtEquityRatioTTM0.713-1.5007.15-10.00[0 - 2.5]
grossProfitMarginTTM0.3681.0007.207.20[0.2 - 0.8]
operatingProfitMarginTTM0.1601.0008.808.80[0.1 - 0.6]
cashFlowToDebtRatioTTM1.3681.0003.513.51[0.2 - 2]
assetTurnoverTTM0.7230.8008.516.81[0.5 - 2]
Total Score10.82

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM7.981.0009.290[1 - 100]
returnOnEquityTTM0.2632.508.8310.00[0.1 - 1.5]
freeCashFlowPerShareTTM2.412.009.2010.00[0 - 30]
dividendYielPercentageTTM5.421.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM3.372.008.8810.00[0 - 30]
payoutRatioTTM0.2031.5007.97-7.97[0 - 1]
pegRatioTTM0.3721.500-0.8510[0.5 - 2]
operatingCashFlowSalesRatioTTM0.3971.0002.590[0.1 - 0.5]
Total Score6.06

Reach Subsea ASA Options Data

Calls

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Puts

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

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.

About Live Signals

The live signals presented on this page help determine when to BUY or SELL NA. The signals have upwards of a 1-minute delay; like all market signals, there is a chance for error or mistakes.

The live trading signals are not definite, and getagraph.com hold no responsibility for any action taken upon these signals, as described in the Terms of Use. The signals are based on a wide range of technical analysis indicators

Total Execution Time: 2.1241071224213 seconds
Number of API calls: 3
Number of DB calls: 9