Is Elkem ASA stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Elkem ASA pays dividends. Last time was Wednesday 10th of May 2023 where the investors holding the stock on Tuesday 2nd of May 2023 were paid $0.56149 per share. Over the last 4 times between 2020 and 2023, Elkem ASA has paid $0.95854025 with an average of $0.24 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Elkem ASA 10 years ago, but if you had invested on Monday 23rd of March 2020 when the price was $1.140, you would have made a profit of $0.510 per share or 44.74%
No, the average daily trading liquidity for Elkem ASA is $40 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Elkem ASA has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.06, the company's ability to pay off the debt is limited. The company has a very low net profit margin of 0.14%, which is challenging.
We have calculated the inflation risk for Elkem ASA to be medium [0.65 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 4.41 and is up 0.05 over the last 30 days.