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SALRY
Stock ticker: OTC
AS OF
Dec 17 closing price
Price
$12.03
Change
-$0.92 (-7.10%)
Capitalization
6.69B

SALRY stock forecast, quote, news & analysis

SALRY
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for SALRY with price predictions
Dec 17, 2024

SALRY sees MACD Histogram just turned negative

SALRY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 17, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 50 instances where the indicator turned negative. In of the 50 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SALRY as a result. In of 100 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

SALRY moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SALRY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The 10-day moving average for SALRY crossed bullishly above the 50-day moving average on December 13, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SALRY advanced for three days, in of 244 cases, the price rose further within the following month. The odds of a continued upward trend are .

SALRY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 271 cases where SALRY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SALRY’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.254) is normal, around the industry mean (15.048). P/E Ratio (15.601) is within average values for comparable stocks, (26.232). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (15.410). Dividend Yield (0.041) settles around the average of (0.045) among similar stocks. P/S Ratio (2.583) is also within normal values, averaging (7.402).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SALRY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Dividends

SALRY paid dividends on July 05, 2024

Salmar ASA SALRY Stock Dividends
А dividend of $0.83 per share was paid with a record date of July 05, 2024, and an ex-dividend date of June 10, 2024. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Archer Daniels Midland Company (NYSE:ADM), Tyson Foods (NYSE:TSN), Cal-Maine Foods (NASDAQ:CALM).

Industry description

The Agricultural Commodities/Milling industry includes companies that are involved in farming activities, such as crop production, livestock management and animal feed, for commercial purposes. The industry includes a wide range of operations from growing corn, to grain and oilseed processing to the operation of flour mills. Changes in consumer tastes is one of the critical factors influencing what products are grown and raised in this industry. Potential risks to the business include climate change and fluctuations in global prices of agricultural products. Archer-Daniels-Midland Company, Elanco Animal Health, Inc., Bunge Limited and Canopy Growth Corporation are some of the biggest U.S. companies operating in this industry.

Market Cap

The average market capitalization across the Agricultural Commodities/Milling Industry is 2.65B. The market cap for tickers in the group ranges from 459 to 34.75B. HPTYD holds the highest valuation in this group at 34.75B. The lowest valued company is KALRQ at 459.

High and low price notable news

The average weekly price growth across all stocks in the Agricultural Commodities/Milling Industry was -3%. For the same Industry, the average monthly price growth was -1%, and the average quarterly price growth was -9%. LOCL experienced the highest price growth at 66%, while CTUNF experienced the biggest fall at -50%.

Volume

The average weekly volume growth across all stocks in the Agricultural Commodities/Milling Industry was -59%. For the same stocks of the Industry, the average monthly volume growth was -34% and the average quarterly volume growth was -1%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 51
Price Growth Rating: 63
SMR Rating: 75
Profit Risk Rating: 84
Seasonality Score: 37 (-100 ... +100)
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SALRY
Daily Signalchanged days ago
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published General Information

General Information

Industry AgriculturalCommoditiesMilling

Profile
Fundamentals
Details
Industry
N/A
Address
Industriveien 51
Phone
+47 72447900
Employees
2266
Web
https://www.salmar.no