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

BUY 3868 min ago

@ Kr.6.64

Issued: 31 May 2024 @ 09:11

Return: 0.60%

Previous signal: May 31 - 05:31

Previous signal: Sell

Return: -0.30 %

Live Chart Being Loaded With Signals

Commentary (31 May 2024 @ 10:25):
Our systems believe the stock currently is undervalued by 0.61% compare to its pairs and should correct upwards.

Stats
Today's Volume	276 318
Average Volume	225 927
Market Cap	1.82B
EPS	Kr.0 ( 2024-05-07 )
Next earnings date	( Kr.0.240 ) 2024-08-27
Last Dividend	Kr.0.360 ( 2024-06-03 )
Next Dividend	Kr.0 ( N/A )
P/E	7.51
ATR14	Kr.0.180 (2.70%)

Correlation (AI algo v.1.1b): Undervalued: 0.61% Kr.6.70 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: 0.12 (neutral)

Short: -1.00 (very strong negative)

Signal:(82) Possible Trading Opportunity Present (swing)

Reach Subsea ASA Correlation

10 Most Positive Correlations
KOG.OL	0.968
ODL.OL	0.941
AKBM.OL	0.932
SIOFF.OL	0.928
VOLUE.OL	0.916
GOGL.OL	0.913
BRG.OL	0.889
ZAL.OL	0.887
SVEG.OL	0.883
GOD.OL	0.882

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

0.15
( neutral )

0.26
( neutral )

0.00
( neutral )

0.04
( neutral )

-0.38
( neutral )

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: 5.06 - Potential for dividend initiation, but uncertain (1.25%)

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	6.77%	--
Score	5.36	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	5.06
Div. Directional Score	7.94	--

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

Kr.0.457 Estimate 5.29 %

Dividend Stability

0.21 Very Poor

Dividend Score

5.36

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	3.06%
2020	Kr.0	0.00%
2021	Kr.0.299	13.20%
2022	Kr.0.179	5.87%
2023	Kr.0.180	4.28%
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.

Top 10 dividend Companies for OSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend	Score
OKEA.OL	Dividend Knight	2023-12-01	Quarterly	3	5.65%	6.86
NSKOG.OL	Dividend Junior	2023-11-20	Sporadic	5	1.21%	2.31
FROY.OL	Dividend Junior	2023-10-19	Annually	3	1.49%	1.72
CARA.OL	Dividend Junior	2023-11-15	Sporadic	10	2.93%	1.71
AGAS.OL	Dividend Royal	2024-05-23	Quarterly	11	23.90%
KID.OL	Dividend King	2024-05-21	Semi-Annually	9	7.80%
SCHA.OL	Dividend Knight	2024-04-29	Annually	25	0.76%
WSTEP.OL	Dividend King	2024-05-21	Annually	7	6.24%
FRO.OL	Dividend King	2024-03-14	Semi-Annually	24	8.58%
REACH.OL	Dividend King	2024-06-03	Sporadic	19	6.77%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0980	1.500	8.04	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0709	1.200	7.64	9.17	[0 - 0.3]
returnOnEquityTTM	0.263	1.500	8.18	10.00	[0.1 - 1]
payoutRatioTTM	0.203	-1.000	7.97	-7.97	[0 - 1]
currentRatioTTM	0.763	0.800	-1.184	-0.947	[1 - 3]
quickRatioTTM	0.745	0.800	-0.325	-0.260	[0.8 - 2.5]
cashRatioTTM	0.175	1.500	-0.139	-0.208	[0.2 - 2]
debtRatioTTM	0.210	-1.500	6.51	-9.76	[0 - 0.6]
interestCoverageTTM	3.74	1.000	9.73	9.73	[3 - 30]
operatingCashFlowPerShareTTM	3.37	2.00	8.88	10.00	[0 - 30]
freeCashFlowPerShareTTM	2.41	2.00	8.79	10.00	[0 - 20]
debtEquityRatioTTM	0.713	-1.500	7.15	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.368	1.000	7.20	7.20	[0.2 - 0.8]
operatingProfitMarginTTM	0.160	1.000	8.80	8.80	[0.1 - 0.6]
cashFlowToDebtRatioTTM	1.368	1.000	3.51	3.51	[0.2 - 2]
assetTurnoverTTM	0.723	0.800	8.51	6.81	[0.5 - 2]
Total Score				10.82

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	8.03	1.000	9.29	0	[1 - 100]
returnOnEquityTTM	0.263	2.50	8.83	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	2.41	2.00	9.20	10.00	[0 - 30]
dividendYielPercentageTTM	0	1.500	0	0	[0 - 0.4]
operatingCashFlowPerShareTTM	3.37	2.00	8.88	10.00	[0 - 30]
payoutRatioTTM	0.203	1.500	7.97	-7.97	[0 - 1]
pegRatioTTM	0.375	1.500	-0.836	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.397	1.000	2.59	0	[0.1 - 0.5]
Total Score				5.06

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.