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Hexagon Purus ASA
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Let's analyse Hexagon Purus ASA together

PenkeI guess you are interested in Hexagon Purus ASA. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Hexagon Purus ASA. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hexagon Purus ASA (30 sec.)










What can you expect buying and holding a share of Hexagon Purus ASA? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€6.92
Expected worth in 1 year
€7.75
How sure are you?
28.6%

+ What do you gain per year?

Total Gains per Share
€0.83
Return On Investment
158.1%

For what price can you sell your share?

Current Price per Share
€0.53
Expected price per share
€0.4885 - €0.73
How sure are you?
50%

1. Valuation of Hexagon Purus ASA (5 min.)




Live pricePrice per Share (EOD)

€0.53

Intrinsic Value Per Share

€-28.25 - €-32.76

Total Value Per Share

€-21.33 - €-25.84

2. Growth of Hexagon Purus ASA (5 min.)




Is Hexagon Purus ASA growing?

Current yearPrevious yearGrowGrow %
How rich?$2b$1.9b$423.9m18.2%

How much money is Hexagon Purus ASA making?

Current yearPrevious yearGrowGrow %
Making money-$15.4m-$9.9m-$5.5m-35.7%
Net Profit Margin-52.2%-49.3%--

How much money comes from the company's main activities?

3. Financial Health of Hexagon Purus ASA (5 min.)




4. Comparing to competitors in the Industrial Distribution industry (5 min.)




  Industry Rankings (Industrial Distribution)  

What can you expect buying and holding a share of Hexagon Purus ASA? (5 min.)

Welcome investor! Hexagon Purus ASA's management wants to use your money to grow the business. In return you get a share of Hexagon Purus ASA.

What can you expect buying and holding a share of Hexagon Purus ASA?

First you should know what it really means to hold a share of Hexagon Purus ASA. And how you can make/lose money.

Speculation

The Price per Share of Hexagon Purus ASA is €0.528. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hexagon Purus ASA.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hexagon Purus ASA, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €6.92. Based on the TTM, the Book Value Change Per Share is €0.21 per quarter. Based on the YOY, the Book Value Change Per Share is €0.25 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hexagon Purus ASA.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.06-11.3%-0.05-10.4%-0.04-7.1%-0.04-7.7%-0.04-7.7%
Usd Book Value Change Per Share-0.77-146.0%0.2242.1%0.2649.5%0.5399.7%0.5399.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.77-146.0%0.2242.1%0.2649.5%0.5399.7%0.5399.7%
Usd Price Per Share1.03-1.64-2.57-2.63-2.63-
Price to Earnings Ratio-4.31--7.89--18.15--18.94--18.94-
Price-to-Total Gains Ratio-1.34--6.82--8.97--6.86--6.86-
Price to Book Ratio0.14-0.19-0.37-0.41-0.41-
Price-to-Total Gains Ratio-1.34--6.82--8.97--6.86--6.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.5621088
Number of shares1779
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.220.53
Usd Total Gains Per Share0.220.53
Gains per Quarter (1779 shares)395.23936.11
Gains per Year (1779 shares)1,580.933,744.44
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1015811571037443734
2031623152074897478
304743473301123311222
406324631401497814966
507905789501872218710
609486947602246722454
70110671105702621126198
80126471263802995629942
90142281421903370033686
100158091580003744437430

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.014.00.00.0%0.014.00.00.0%0.014.00.00.0%
Book Value Change Per Share1.03.00.025.0%3.09.00.025.0%4.09.01.028.6%4.09.01.028.6%4.09.01.028.6%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.014.00.0%0.00.014.00.0%0.00.014.00.0%
Total Gains per Share1.03.00.025.0%3.09.00.025.0%4.09.01.028.6%4.09.01.028.6%4.09.01.028.6%

Fundamentals of Hexagon Purus ASA

About Hexagon Purus ASA

Hexagon Purus ASA provides hydrogen and battery energy storage solutions in Norway, Europe, North America, Asia, Australia/Oceania, and internationally. The company offers hydrogen high-pressure type 4 cylinders, hydrogen fuel storage systems, and hydrogen distribution systems. It also provides battery electric solutions for fuel cell electric and battery electric vehicles. The company serves passenger vehicle, medium- and heavy-duty, light-duty, distribution systems, stationary storage, rail, maritime, off-highway vehicles, bus, aerospace, and aviation markets. The company was incorporated in 2017 and is headquartered in Oslo, Norway.

Fundamental data was last updated by Penke on 2024-04-05 07:09:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Hexagon Purus ASA.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hexagon Purus ASA earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Hexagon Purus ASA to the Industrial Distribution industry mean.
  • A Net Profit Margin of -50.5% means that €-0.50 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hexagon Purus ASA:

  • The MRQ is -50.5%. The company is making a huge loss. -2
  • The TTM is -52.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-50.5%TTM-52.2%+1.7%
TTM-52.2%YOY-49.3%-2.9%
TTM-52.2%5Y-95.6%+43.4%
5Y-95.6%10Y-95.6%0.0%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-50.5%3.5%-54.0%
TTM-52.2%3.9%-56.1%
YOY-49.3%4.4%-53.7%
5Y-95.6%3.5%-99.1%
10Y-95.6%3.2%-98.8%
1.1.2. Return on Assets

Shows how efficient Hexagon Purus ASA is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hexagon Purus ASA to the Industrial Distribution industry mean.
  • -0.4% Return on Assets means that Hexagon Purus ASA generated €0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hexagon Purus ASA:

  • The MRQ is -0.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.4%TTM-0.4%0.0%
TTM-0.4%YOY-0.4%0.0%
TTM-0.4%5Y-0.4%0.0%
5Y-0.4%10Y-0.4%0.0%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.4%1.8%-2.2%
TTM-0.4%1.8%-2.2%
YOY-0.4%2.4%-2.8%
5Y-0.4%1.5%-1.9%
10Y-0.4%1.5%-1.9%
1.1.3. Return on Equity

Shows how efficient Hexagon Purus ASA is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hexagon Purus ASA to the Industrial Distribution industry mean.
  • -0.9% Return on Equity means Hexagon Purus ASA generated €-0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hexagon Purus ASA:

  • The MRQ is -0.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM-0.7%-0.2%
TTM-0.7%YOY-0.5%-0.2%
TTM-0.7%5Y-0.6%-0.2%
5Y-0.6%10Y-0.6%0.0%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%4.5%-5.4%
TTM-0.7%4.6%-5.3%
YOY-0.5%5.6%-6.1%
5Y-0.6%4.3%-4.9%
10Y-0.6%3.9%-4.5%

1.2. Operating Efficiency of Hexagon Purus ASA.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hexagon Purus ASA is operating .

  • Measures how much profit Hexagon Purus ASA makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hexagon Purus ASA to the Industrial Distribution industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hexagon Purus ASA:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-19.3%+19.3%
TTM-19.3%YOY-47.3%+28.0%
TTM-19.3%5Y-55.8%+36.5%
5Y-55.8%10Y-55.8%0.0%
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%-6.7%
TTM-19.3%6.1%-25.4%
YOY-47.3%6.1%-53.4%
5Y-55.8%4.8%-60.6%
10Y-55.8%4.4%-60.2%
1.2.2. Operating Ratio

Measures how efficient Hexagon Purus ASA is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Industrial Distribution industry mean).
  • An Operation Ratio of 2.08 means that the operating costs are €2.08 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Hexagon Purus ASA:

  • The MRQ is 2.080. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.059. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.080TTM2.059+0.021
TTM2.059YOY2.148-0.088
TTM2.0595Y2.276-0.217
5Y2.27610Y2.2760.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0801.281+0.799
TTM2.0591.112+0.947
YOY2.1480.977+1.171
5Y2.2761.063+1.213
10Y2.2761.069+1.207

1.3. Liquidity of Hexagon Purus ASA.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hexagon Purus ASA is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Industrial Distribution industry mean).
  • A Current Ratio of 1.87 means the company has €1.87 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Hexagon Purus ASA:

  • The MRQ is 1.868. The company is able to pay all its short-term debts. +1
  • The TTM is 2.349. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.868TTM2.349-0.481
TTM2.349YOY2.182+0.167
TTM2.3495Y2.741-0.392
5Y2.74110Y2.7410.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8681.844+0.024
TTM2.3491.844+0.505
YOY2.1821.758+0.424
5Y2.7411.714+1.027
10Y2.7411.806+0.935
1.3.2. Quick Ratio

Measures if Hexagon Purus ASA is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hexagon Purus ASA to the Industrial Distribution industry mean.
  • A Quick Ratio of 0.39 means the company can pay off €0.39 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hexagon Purus ASA:

  • The MRQ is 0.393. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.379. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.393TTM0.379+0.015
TTM0.379YOY0.305+0.074
TTM0.3795Y0.306+0.073
5Y0.30610Y0.3060.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3930.722-0.329
TTM0.3790.778-0.399
YOY0.3050.803-0.498
5Y0.3060.840-0.534
10Y0.3060.879-0.573

1.4. Solvency of Hexagon Purus ASA.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hexagon Purus ASA assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hexagon Purus ASA to Industrial Distribution industry mean.
  • A Debt to Asset Ratio of 0.49 means that Hexagon Purus ASA assets are financed with 49.1% credit (debt) and the remaining percentage (100% - 49.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hexagon Purus ASA:

  • The MRQ is 0.491. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.429. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.491TTM0.429+0.063
TTM0.429YOY0.307+0.122
TTM0.4295Y0.307+0.121
5Y0.30710Y0.3070.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4910.548-0.057
TTM0.4290.542-0.113
YOY0.3070.556-0.249
5Y0.3070.558-0.251
10Y0.3070.560-0.253
1.4.2. Debt to Equity Ratio

Measures if Hexagon Purus ASA is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hexagon Purus ASA to the Industrial Distribution industry mean.
  • A Debt to Equity ratio of 103.1% means that company has €1.03 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hexagon Purus ASA:

  • The MRQ is 1.031. The company is able to pay all its debts with equity. +1
  • The TTM is 0.803. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ1.031TTM0.803+0.228
TTM0.803YOY0.451+0.352
TTM0.8035Y0.493+0.310
5Y0.49310Y0.4930.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0311.261-0.230
TTM0.8031.231-0.428
YOY0.4511.303-0.852
5Y0.4931.360-0.867
10Y0.4931.381-0.888

2. Market Valuation of Hexagon Purus ASA

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Hexagon Purus ASA generates.

  • Above 15 is considered overpriced but always compare Hexagon Purus ASA to the Industrial Distribution industry mean.
  • A PE ratio of -4.31 means the investor is paying €-4.31 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hexagon Purus ASA:

  • The EOD is -2.348. Based on the earnings, the company is expensive. -2
  • The MRQ is -4.314. Based on the earnings, the company is expensive. -2
  • The TTM is -7.890. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.348MRQ-4.314+1.966
MRQ-4.314TTM-7.890+3.577
TTM-7.890YOY-18.150+10.260
TTM-7.8905Y-18.936+11.046
5Y-18.93610Y-18.9360.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD-2.34814.676-17.024
MRQ-4.31414.028-18.342
TTM-7.89012.182-20.072
YOY-18.15013.374-31.524
5Y-18.93615.954-34.890
10Y-18.93616.244-35.180
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hexagon Purus ASA:

  • The EOD is -0.145. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.266. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.387. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.145MRQ-0.266+0.121
MRQ-0.266TTM-0.387+0.120
TTM-0.387YOY-1.178+0.791
TTM-0.3875Y-1.034+0.648
5Y-1.03410Y-1.0340.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD-0.1459.193-9.338
MRQ-0.2667.977-8.243
TTM-0.3877.831-8.218
YOY-1.1782.010-3.188
5Y-1.0346.038-7.072
10Y-1.0347.697-8.731
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hexagon Purus ASA is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Industrial Distribution industry mean).
  • A PB ratio of 0.14 means the investor is paying €0.14 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Hexagon Purus ASA:

  • The EOD is 0.076. Based on the equity, the company is cheap. +2
  • The MRQ is 0.140. Based on the equity, the company is cheap. +2
  • The TTM is 0.192. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.076MRQ0.140-0.064
MRQ0.140TTM0.192-0.052
TTM0.192YOY0.372-0.180
TTM0.1925Y0.411-0.219
5Y0.41110Y0.4110.000
Compared to industry (Industrial Distribution)
PeriodCompanyIndustry (mean)+/- 
EOD0.0761.412-1.336
MRQ0.1401.398-1.258
TTM0.1921.398-1.206
YOY0.3721.467-1.095
5Y0.4111.522-1.111
10Y0.4111.804-1.393
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hexagon Purus ASA compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.7240.209-447%0.245-395%0.494-247%0.494-247%
Book Value Per Share--6.9207.891-12%6.455+7%5.994+15%5.994+15%
Current Ratio--1.8682.349-20%2.182-14%2.741-32%2.741-32%
Debt To Asset Ratio--0.4910.429+15%0.307+60%0.307+60%0.307+60%
Debt To Equity Ratio--1.0310.803+28%0.451+129%0.493+109%0.493+109%
Dividend Per Share----0%-0%-0%-0%
Eps---0.056-0.051-9%-0.035-37%-0.038-32%-0.038-32%
Free Cash Flow Per Share---0.910-1.077+18%-0.557-39%-0.669-26%-0.669-26%
Free Cash Flow To Equity Per Share---0.910-0.996+9%-0.034-96%-0.502-45%-0.502-45%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---32.757--------
Intrinsic Value_10Y_min---28.246--------
Intrinsic Value_1Y_max---2.962--------
Intrinsic Value_1Y_min---2.909--------
Intrinsic Value_3Y_max---9.143--------
Intrinsic Value_3Y_min---8.724--------
Intrinsic Value_5Y_max---15.619--------
Intrinsic Value_5Y_min---14.476--------
Market Cap146434996.224-84%269018837.760427795419.840-37%669565700.064-60%685166019.264-61%685166019.264-61%
Net Profit Margin---0.505-0.522+3%-0.493-2%-0.956+89%-0.956+89%
Operating Margin----0.1930%-0.4730%-0.5580%-0.5580%
Operating Ratio--2.0802.059+1%2.148-3%2.276-9%2.276-9%
Pb Ratio0.076-84%0.1400.192-27%0.372-62%0.411-66%0.411-66%
Pe Ratio-2.348+46%-4.314-7.890+83%-18.150+321%-18.936+339%-18.936+339%
Price Per Share0.528-84%0.9701.543-37%2.414-60%2.471-61%2.471-61%
Price To Free Cash Flow Ratio-0.145+46%-0.266-0.387+45%-1.178+342%-1.034+288%-1.034+288%
Price To Total Gains Ratio-0.729+46%-1.339-6.818+409%-8.968+570%-6.856+412%-6.856+412%
Quick Ratio--0.3930.379+4%0.305+29%0.306+29%0.306+29%
Return On Assets---0.004-0.004-8%-0.004-13%-0.004-13%-0.004-13%
Return On Equity---0.009-0.007-18%-0.005-40%-0.006-36%-0.006-36%
Total Gains Per Share---0.7240.209-447%0.245-395%0.494-247%0.494-247%
Usd Book Value--2043102604.2002329938048.350-12%1905968284.400+7%1769657356.657+15%1769657356.657+15%
Usd Book Value Change Per Share---0.7710.222-447%0.261-395%0.526-247%0.526-247%
Usd Book Value Per Share--7.3678.401-12%6.872+7%6.381+15%6.381+15%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.060-0.055-9%-0.037-37%-0.041-32%-0.041-32%
Usd Free Cash Flow---268697587.800-318099020.050+18%-164472183.200-39%-197507557.671-26%-197507557.671-26%
Usd Free Cash Flow Per Share---0.969-1.147+18%-0.593-39%-0.712-26%-0.712-26%
Usd Free Cash Flow To Equity Per Share---0.969-1.060+9%-0.036-96%-0.534-45%-0.534-45%
Usd Market Cap155894696.980-84%286397454.679455431003.962-37%712819644.288-60%729427744.108-61%729427744.108-61%
Usd Price Per Share0.562-84%1.0331.642-37%2.570-60%2.630-61%2.630-61%
Usd Profit---16598715.797-15415335.687-7%-9907041.684-40%-10826631.480-35%-10826631.480-35%
Usd Revenue--32884680.64630008875.175+10%21967614.722+50%18746816.173+75%18746816.173+75%
Usd Total Gains Per Share---0.7710.222-447%0.261-395%0.526-247%0.526-247%
 EOD+3 -5MRQTTM+11 -21YOY+9 -235Y+10 -2210Y+10 -22

3.2. Fundamental Score

Let's check the fundamental score of Hexagon Purus ASA based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.348
Price to Book Ratio (EOD)Between0-10.076
Net Profit Margin (MRQ)Greater than0-0.505
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.393
Current Ratio (MRQ)Greater than11.868
Debt to Asset Ratio (MRQ)Less than10.491
Debt to Equity Ratio (MRQ)Less than11.031
Return on Equity (MRQ)Greater than0.15-0.009
Return on Assets (MRQ)Greater than0.05-0.004
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Hexagon Purus ASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.161
Ma 20Greater thanMa 500.552
Ma 50Greater thanMa 1000.592
Ma 100Greater thanMa 2000.723
OpenGreater thanClose0.533
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Interest Expense  1,2247892,0132,2894,3022,1256,427-10,073-3,646
Interest Income  1,554-6568991,0391,9388662,804-5,899-3,095
Net Interest Income  -357-758-1,114-1,249-2,364-1,259-3,6235,7092,086



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets3,773,007
Total Liabilities1,853,880
Total Stockholder Equity1,797,668
 As reported
Total Liabilities 1,853,880
Total Stockholder Equity+ 1,797,668
Total Assets = 3,773,007

Assets

Total Assets3,773,007
Total Current Assets1,305,796
Long-term Assets2,467,210
Total Current Assets
Cash And Cash Equivalents 307,485
Net Receivables 274,974
Inventory 481,695
Other Current Assets 5,915
Total Current Assets  (as reported)1,305,796
Total Current Assets  (calculated)1,070,069
+/- 235,727
Long-term Assets
Property Plant Equipment 1,411,977
Goodwill 559,941
Intangible Assets 281,731
Long-term Assets Other 33,767
Long-term Assets  (as reported)2,467,210
Long-term Assets  (calculated)2,287,416
+/- 179,794

Liabilities & Shareholders' Equity

Total Current Liabilities699,031
Long-term Liabilities1,154,849
Total Stockholder Equity1,797,668
Total Current Liabilities
Short Long Term Debt 2,317
Accounts payable 220,457
Other Current Liabilities 131,170
Total Current Liabilities  (as reported)699,031
Total Current Liabilities  (calculated)353,944
+/- 345,087
Long-term Liabilities
Long term Debt 596,482
Capital Lease Obligations Min Short Term Debt558,068
Long-term Liabilities Other 2
Long-term Liabilities  (as reported)1,154,849
Long-term Liabilities  (calculated)1,154,552
+/- 297
Total Stockholder Equity
Total Stockholder Equity (as reported)1,797,668
Total Stockholder Equity (calculated)0
+/- 1,797,668
Other
Capital Stock27,680
Common Stock Shares Outstanding 276,797
Net Debt 291,314
Net Invested Capital 2,396,467
Net Working Capital 606,765
Property Plant and Equipment Gross 1,671,886



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-30
> Total Assets 
0
2,094,625
2,061,199
1,954,604
1,894,024
2,101,745
2,525,963
2,527,048
2,635,552
2,654,903
3,934,961
3,817,508
3,785,585
3,773,007
3,773,0073,785,5853,817,5083,934,9612,654,9032,635,5522,527,0482,525,9632,101,7451,894,0241,954,6042,061,1992,094,6250
   > Total Current Assets 
1,569,619
1,568,021
1,543,783
1,402,188
1,312,491
1,020,027
1,427,192
1,318,399
1,206,036
1,088,901
2,171,293
1,900,183
1,548,461
1,305,796
1,305,7961,548,4611,900,1832,171,2931,088,9011,206,0361,318,3991,427,1921,020,0271,312,4911,402,1881,543,7831,568,0211,569,619
       Cash And Cash Equivalents 
0
1,246,351
1,091,167
892,186
717,428
453,398
889,859
702,024
481,026
381,705
1,366,383
973,413
566,462
307,485
307,485566,462973,4131,366,383381,705481,026702,024889,859453,398717,428892,1861,091,1671,246,3510
       Short-term Investments 
0
0
31,074
78,835
39,883
0
0
0
0
0
0
0
0
0
00000000039,88378,83531,07400
       Net Receivables 
34,051
27,471
44,910
85,703
134,368
242,239
143,653
164,776
192,552
228,930
225,992
267,643
321,955
274,974
274,974321,955267,643225,992228,930192,552164,776143,653242,239134,36885,70344,91027,47134,051
       Inventory 
61,586
61,586
93,843
73,882
145,782
261,235
324,359
391,515
452,803
332,218
403,267
448,665
437,645
481,695
481,695437,645448,665403,267332,218452,803391,515324,359261,235145,78273,88293,84361,58661,586
       Other Current Assets 
223,021
232,613
313,863
350,417
314,913
20,106
69,321
60,084
79,655
4,730
165,029
210,462
222,399
5,915
5,915222,399210,462165,0294,73079,65560,08469,32120,106314,913350,417313,863232,613223,021
   > Long-term Assets 
0
525,005
517,417
552,416
581,533
1,081,718
1,098,771
1,208,649
1,429,515
1,566,003
1,763,669
1,917,324
2,237,124
2,467,210
2,467,2102,237,1241,917,3241,763,6691,566,0031,429,5151,208,6491,098,7711,081,718581,533552,416517,417525,0050
       Property Plant Equipment 
107,091
107,091
117,083
138,130
169,193
319,924
350,330
410,507
521,006
647,290
783,335
885,070
1,204,133
1,411,977
1,411,9771,204,133885,070783,335647,290521,006410,507350,330319,924169,193138,130117,083107,091107,091
       Goodwill 
0
323,107
0
0
0
497,587
483,750
515,507
527,228
523,741
567,588
0
0
559,941
559,94100567,588523,741527,228515,507483,750497,587000323,1070
       Intangible Assets 
0
91,990
0
0
0
254,707
253,554
268,338
270,365
278,913
290,731
0
0
281,731
281,73100290,731278,913270,365268,338253,554254,70700091,9900
       Long-term Assets Other 
0
751
1
-1
0
2,476
-1
0
2,514
2,499
2,509
2,513
25,999
33,767
33,76725,9992,5132,5092,4992,5140-12,4760-117510
> Total Liabilities 
0
465,605
529,611
510,016
558,261
686,347
654,972
713,024
846,932
967,282
1,568,061
1,469,304
1,665,587
1,853,880
1,853,8801,665,5871,469,3041,568,061967,282846,932713,024654,972686,347558,261510,016529,611465,6050
   > Total Current Liabilities 
430,148
266,848
507,372
481,576
533,587
441,963
502,082
548,872
619,174
708,674
835,434
731,115
664,086
699,031
699,031664,086731,115835,434708,674619,174548,872502,082441,963533,587481,576507,372266,848430,148
       Short Long Term Debt 
0
161,016
179,501
166,973
164,369
13,635
3,553
2,315
1,587
4,673
3,380
982
243
2,317
2,3172439823,3804,6731,5872,3153,55313,635164,369166,973179,501161,0160
       Accounts payable 
83,988
83,988
69,261
87,533
84,483
191,409
212,994
205,988
199,208
255,712
256,245
235,668
173,305
220,457
220,457173,305235,668256,245255,712199,208205,988212,994191,40984,48387,53369,26183,98883,988
       Other Current Liabilities 
132,596
173,616
238,011
203,801
261,716
160,453
265,178
319,791
397,974
25,043
109,856
462,948
446,388
131,170
131,170446,388462,948109,85625,043397,974319,791265,178160,453261,716203,801238,011173,616132,596
   > Long-term Liabilities 
0
35,457
22,239
28,440
24,674
244,384
152,891
164,152
227,758
258,608
732,627
738,189
1,001,501
1,154,849
1,154,8491,001,501738,189732,627258,608227,758164,152152,891244,38424,67428,44022,23935,4570
       Capital Lease Obligations Min Short Term Debt
0
31,039
32,331
41,947
38,478
53,079
47,496
50,278
109,143
154,709
164,611
163,807
425,496
558,068
558,068425,496163,807164,611154,709109,14350,27847,49653,07938,47841,94732,33131,0390
       Long-term Liabilities Other 
0
0
1
-2
1
109,106
0
0
-1
0
0
0
1
2
21000-100109,1061-2100
> Total Stockholder Equity
0
1,629,020
1,531,588
1,444,588
1,335,763
1,415,398
1,870,991
1,814,024
1,784,979
1,651,890
2,318,589
2,212,865
1,983,145
1,797,668
1,797,6681,983,1452,212,8652,318,5891,651,8901,784,9791,814,0241,870,9911,415,3981,335,7631,444,5881,531,5881,629,0200
   Retained Earnings 000000000-296,180-186,910-104,00800
   Accumulated Other Comprehensive Income 00000000000000
   Capital Surplus 00000000000000
   Treasury Stock00000000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in NOK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,311,811
Cost of Revenue-776,841
Gross Profit534,970534,970
 
Operating Income (+$)
Gross Profit534,970
Operating Expense-1,908,025
Operating Income-596,214-1,373,055
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense1,908,0250
 
Net Interest Income (+$)
Interest Income29,564
Interest Expense-105,634
Other Finance Cost-17,830
Net Interest Income-58,240
 
Pretax Income (+$)
Operating Income-596,214
Net Interest Income-58,240
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-691,310-596,214
EBIT - interestExpense = -105,634
-672,703
-567,069
Interest Expense105,634
Earnings Before Interest and Taxes (EBIT)--585,676
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-691,310
Tax Provision--7,793
Net Income From Continuing Ops-683,517-683,517
Net Income-672,703
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-58,240
 

Technical Analysis of Hexagon Purus ASA
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hexagon Purus ASA. The general trend of Hexagon Purus ASA is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hexagon Purus ASA's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Hexagon Purus ASA.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.629 < 0.649 < 0.73.

The bearish price targets are: 0.4885.

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Hexagon Purus ASA Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Hexagon Purus ASA. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Hexagon Purus ASA Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Hexagon Purus ASA. The current macd is -0.00728158.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hexagon Purus ASA price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Hexagon Purus ASA. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Hexagon Purus ASA price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Hexagon Purus ASA Daily Moving Average Convergence/Divergence (MACD) ChartHexagon Purus ASA Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Hexagon Purus ASA. The current adx is 20.54.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Hexagon Purus ASA shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Hexagon Purus ASA Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Hexagon Purus ASA. The current sar is 0.6422784.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Hexagon Purus ASA Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Hexagon Purus ASA. The current rsi is 43.16. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Hexagon Purus ASA Daily Relative Strength Index (RSI) ChartHexagon Purus ASA Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Hexagon Purus ASA. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hexagon Purus ASA price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Hexagon Purus ASA Daily Stochastic Oscillator ChartHexagon Purus ASA Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Hexagon Purus ASA. The current cci is -28.47826087.

Hexagon Purus ASA Daily Commodity Channel Index (CCI) ChartHexagon Purus ASA Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Hexagon Purus ASA. The current cmo is -18.22394187.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Hexagon Purus ASA Daily Chande Momentum Oscillator (CMO) ChartHexagon Purus ASA Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Hexagon Purus ASA. The current willr is -82.31292517.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Hexagon Purus ASA Daily Williams %R ChartHexagon Purus ASA Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Hexagon Purus ASA.

Hexagon Purus ASA Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Hexagon Purus ASA. The current atr is 0.04439673.

Hexagon Purus ASA Daily Average True Range (ATR) ChartHexagon Purus ASA Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Hexagon Purus ASA. The current obv is -2,654,541.

Hexagon Purus ASA Daily On-Balance Volume (OBV) ChartHexagon Purus ASA Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Hexagon Purus ASA. The current mfi is 71.35.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Hexagon Purus ASA Daily Money Flow Index (MFI) ChartHexagon Purus ASA Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hexagon Purus ASA.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-21 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-23 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-24 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-14 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-20 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-27 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-15 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-16 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-29 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-04 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-05 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-08 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-25 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-03 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-04 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-05 00:00:00MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-10 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-04-11 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Hexagon Purus ASA Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hexagon Purus ASA based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.161
Ma 20Greater thanMa 500.552
Ma 50Greater thanMa 1000.592
Ma 100Greater thanMa 2000.723
OpenGreater thanClose0.533
Total1/5 (20.0%)
Penke

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