Is NorAm Drilling AS stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, NorAm Drilling AS pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Tuesday 15th of October 2024 were paid NOK0.431 per share. Over the last 23 times between 2022 and 2024, NorAm Drilling AS has paid NOK15.5402 with an average of NOK0.68 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for NorAm Drilling AS 10 years ago, but if you had invested on Friday 7th of October 2022 when the price was NOK43.90, you would have made a loss of NOK-7.00 per share or -15.95%
Yes, the average daily trading liquidity for NorAm Drilling AS is NOK39 292 thousand. You should therefore be able to get in and out of your positions relatively fast.
NorAm Drilling AS has no real debt, which is good in periods of high inflation. The company has a very low net profit margin of 1.66%, which is challenging.
We have calculated the inflation risk for NorAm Drilling AS to be low [0.5 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.26 and is up 0.02 over the last 30 days.