Why Otello stock moves
Otello rose, while the Oslo Børs index fell sharply.
Written after the close on ·
Why today
23,002 news analyzed todayOtello rose, while the Oslo Børs index fell sharply.
No company news explains the move, which is a plain fact.
Over the last five trading days, Otello also rose clearly, against a sharply falling market.
Routine buy-back reports are background only, and they have not been a reason for past moves.
The stock is well below its high of late October, but above its low from early November last year.
Today's move of +2.34% was 2.7 times a normal day's 0.9%. Oslo Børs benchmark index moved −1.31% on the same day.
Otello +2.34%
What the key figures say about Otello
The figures connect what Otello earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: -$0.19–$0.69. Peers: Magnite $1.20, AGF -0.01 DKK, Gyldendalske Boghandel 54.84 DKK.
What the company sold during the year.
2022–2025: $0.0M–$0.2M. Peers: Magnite $767M, AGF 231 m DKK, Gyldendalske Boghandel 856 m DKK.
Profit as a percentage of shareholders’ money in the company.
2022–2025: −19.4%–40.3%. Peers: Magnite 20.4%, AGF −2.7%, Gyldendalske Boghandel 15.0%.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 0.00 NOK–21.00 NOK.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 0.0%–264.2%. Peers: Magnite 0.0%, AGF 0.0%, Gyldendalske Boghandel 4.9%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -1.82–-0.29. Peers: Magnite 0.10, AGF -3.97.
More key figures
Cash left after investments, divided by the number of shares.
2022–2025: -$0.04–-$0.01. Peers: Magnite $1.56, AGF -0.09 DKK, Gyldendalske Boghandel 43.81 DKK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 97.8%–99.0%.
Earnings report
On its last 12 report days Otello usually moved about 0.9%. On a normal day it moves 0.9%.
−0.59% −1.39% −1.52% +2.07%
10,000 NOK in Otello bought on August 9, 2022 is worth 19,900 NOK today, with dividends reinvested.
The same amount in OSEBX with dividends would have become 16,400 NOK.
What would 10,000 NOK in Otello be worth today? →
What would 10,000 NOK in Otello be worth today?
19,900 NOK
with dividends reinvested, bought on August 9, 2022. The same amount in OSEBX with dividends would have become 16,400 NOK.
At worst it was worth 8,230 NOK (October 30, 2023).
The five biggest days of the journey
· −18.0% · the whole market rose 1.1% the same day · Why?
· +13.2% · the whole market rose 0.2% the same day
· −7.5% · the whole market rose 0.4% the same day
· +7.1% · the whole market rose 0.2% the same day
· +6.7% · the whole market rose 0.6% the same day
Earlier days
+2.46% Otello rose clearly over the week while the market index fell sharply. Read →
Otello rose clearly over the week while the market index fell sharply.
The move ran against the broader market, and the company gave no news that explains it.
Routine buy-back reports, where Otello bought back its own shares, do not explain the rise.
Trading was around its usual level, so the rise was not driven by unusually heavy trading.
+0.35% Otello rose slightly without a company-news explanation. Read →
Otello rose slightly without a company-news explanation.
Over the same day Oslo Børs was roughly flat, so this was an ordinary day for Otello.
Over the last five trading days the stock fell clearly, moving more than the market.
The Oslo benchmark index also fell clearly over that stretch, so the weakness was largely market-wide.
Otello's share price remains well below its highest close of the past year, set in late October.
−2.95% Otello fell, moving against a rising Oslo Børs index. Read →
Otello fell, moving against a rising Oslo Børs index.
No company news explains the drop.
The stock fell about 11 times a normal five-day swing, a move not seen in the past year.
Over the last five trading days it also fell very sharply while the market rose sharply.
−24.17% Otello fell very sharply over the week, moving against a market that rose sharply. Read →
Otello fell very sharply over the week, moving against a market that rose sharply.
The fall was very big for Otello: a move of this size was not seen in the past year.
The share price remains well below its high of the past year but above its low.
The share buyback programme itself was expanded on 21 October, when the maximum price per share was raised to NOK 25.
−2.11% Otello fell sharply, moving against a flat market. Read →
Otello fell sharply, moving against a flat market.
Otello fell sharply while Oslo's benchmark index was roughly unchanged, so the drop was stock-specific.
No company news explains the move, and trading volume was well above its usual level.
Over the last five trading days Otello fell very sharply while the benchmark rose slightly, a very big move for the stock.
Likely drivers are heavy selling and the lack of a clear company catalyst, since the buyback reports and the raised buyback ceiling do not explain a fall.
−2.49% Otello fell very sharply. Read →
Otello fell very sharply.
No company news explains the move.
Over the last five trading days, Otello fell very sharply and moved against a clearly rising Oslo Børs, a big move for the stock.
Otello's share buyback program was increased to NOK 25 per share in late October, but routine buyback reports are not a reason for such a move.
−17.96% Otello fell very sharply, against a rising market. Read →
Otello fell very sharply, against a rising market.
The move was very big for Otello, and it came on heavy trading volume.
No company news explains it, as the only news that day was a routine buy-back report.
Over the last five trading days Otello also fell very sharply while the Oslo benchmark index rose clearly.
The share price stands well below its one-year high but well above its one-year low.
+2.04% Otello rose sharply on a day with no company news. Read →
Otello rose sharply on a day with no company news.
Over the last five trading days Otello rose sharply, while Oslo Børs was roughly flat, so the stock clearly outpaced the market.
That move was very big for Otello, about three times a normal five-day stretch, and it reached a high for the past year.
Trading was well above its usual level, which may have helped push the price higher.
No company news explains the move.
+6.37% Otello Corporation rose sharply over the last five trading days, while the wider Oslo market stayed roughly flat. Read →
Otello Corporation rose sharply over the last five trading days, while the wider Oslo market stayed roughly flat.
The move was very big for Otello, rare within the past year.
The most likely driver is the company raising its maximum buy-back price to NOK 25 per share, a newly announced programme change that signals the board's confidence.
Routine buy-back updates only reported purchases already under way.
+0.46% Otello rose slightly, against a falling market. Read →
Otello rose slightly, against a falling market.
Oslo Børs fell sharply that session, so Otello moved against the market.
No company news explains the move; the stock traded on very light volume.
Over the last five trading days Otello rose sharply while the market stayed roughly flat.
The most recent company news was a raised cap on share buybacks, a company purchase of its own shares, announced the day before.
+2.81% Otello rose sharply on Oslo Børs, more than the market. Read →
Otello rose sharply on Oslo Børs, more than the market.
Otello raised the maximum price it may pay for its own shares, from NOK 20 to NOK 25 per share.
A higher buy-back ceiling signals the board sees value in the shares, which likely drew buyers.
The market also rose sharply that day, so part of the move was broad.
Trading was about twice the usual level.
Learn more · Why do stocks go up and down?