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NORAM

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1d
1w
1m

Analysis and statistics

  • Open
    27.5488$
  • Previous Close
    27.4258$
  • 52 Week Change
    14.08$
  • Day Range
    0.12$
  • 52 Week High/Low
    20.4246$ - 34.5083$
  • Dividend Per Share
    0
  • Market cap
    1 178 M$
  • EPS
    0.81
  • Beta
    -0.27
  • Volume
    --

About

NORAM.OL is the ticker symbol for Norwegian Air Shuttle ASA, a Norwegian low-cost airline. The stock is listed on the Oslo Stock Exchange (OSE), which is indicated by the ".OL" suffix. Norwegian Air Shuttle has faced financial difficulties in recent years and underwent a restructuring process to reduce debt and streamline operations. While it continues to operate, its route network and fleet size are significantly smaller compared to its pre-pandemic levels. The company's stock performance is subject to factors affecting the airline industry, including fuel prices, competition, travel demand, and overall economic conditions.
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Factors

Company Performance: Revenue growth, profitability, and strategic initiatives influence investor confidence.

Oil and Gas Prices: As an energy company, NORAM.OL's stock is directly impacted by fluctuations in oil and natural gas prices.

Market Sentiment: Overall investor mood towards the energy sector and specific company can drive price movements.

Economic Conditions: Broad economic factors like inflation, interest rates, and GDP growth can affect investment decisions.

Regulatory Changes: Government policies related to energy production, environmental regulations, and taxation impact profitability.

Production Levels: NORAM.OL's output volumes and efficiency affect revenue generation and stock valuation.

Geopolitical Events: International conflicts, political instability, and trade agreements can disrupt energy markets and stock prices.

Technological Advancements: Innovations in energy exploration, production, and alternative energy sources can impact future prospects.

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