Why Zinzino stock moves
Zinzino fell clearly, without company news.
Written after the close on ·
Why today
16,437 news analyzed todayZinzino fell clearly, without company news.
No company news from that session explains the move.
Over the last five trading days, Zinzino fell very sharply while the market was roughly flat, a very big move for the stock.
The October sales report, showing revenue up only 1%, came out on Wednesday before the session, and the stock is near its lowest close of the past year.
Today's move of −2.33% was 2.9 times a normal day's 0.8%. OMX Stockholm 30 moved −1.01% on the same day.
Zinzino −2.33%OMX Stockholm 30 −1.01%A little weaker than the market
What analysts expect, and how often they have been right
Analysts’ estimates for Zinzino.
Zinzino earned more than expected in 3 out of 6 reports.
Not in the chart because no estimate and result are available: 6 of the 12 reports in this period, the latest on August 25, 2026.
For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 4 out of 6 reports with a measured move, against about 63% of reports from Nordic companies.
Price targets
Latest price 113.40 SEK
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expectedSEK
Next reported quarter: expected earnings per share of 2.54 SEK. For the current fiscal year, expected earnings per share changed from 10.25 SEK three months ago to 11.48 SEK now. 2026 estimate: 11.48 SEK. 2027 estimate: 12.36 SEK. One analyst made these estimates. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. September 2: Buy about 1.4 m SEK. September 1: Buy about 672 thousand SEK. August 31: Sell about 161 thousand SEK. August 28: Sell about 688 thousand SEK. August 27: Sell about 1.1 m SEK.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +88% and earnings per share +88%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK
Assets, liabilities and market cap
AssetsLiabilitiesMarket capbn SEK
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 4.5 bn SEKRevenue 2025: 3.2 bn SEK
What the key figures say about Zinzino
The figures connect what Zinzino earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: 1.97 SEK–8.64 SEK. Peers: Atria 1.63 EUR, Swedencare 0.54 SEK, Humble Group -1.03 SEK. 2026 estimate: 11.48 SEK (11.48 SEK–11.48 SEK). 2027 estimate: 12.36 SEK (12.36 SEK–12.36 SEK).
What the company sold during the year.
2022–2025: 1.4 bn SEK–3.2 bn SEK. Peers: Atria 1.9 bn EUR, Swedencare 2.7 bn SEK, Humble Group 8.3 bn SEK. 2026 estimate: 4.0 bn SEK (4.0 bn SEK–4.0 bn SEK). 2027 estimate: 4.5 bn SEK (4.5 bn SEK–4.5 bn SEK).
The percentage of revenue left after the costs of running the business.
2022–2025: 6.4%–12.9%. Peers: Atria 3.6%, Swedencare 7.4%, Humble Group 4.1%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 43.8%–63.0%. Peers: Atria 10.7%, Swedencare 1.2%, Humble Group −9.7%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 12.6–18.4. Peers: Atria 9.9, Swedencare 35.7. 2026 estimate: 9.9. 2027 estimate: 9.2.
What investors pay for each unit the company sells.
2022–2025: 0.65–1.82. Peers: Atria 0.24, Swedencare 1.12, Humble Group 0.32. 2026 estimate: 1.11. 2027 estimate: 0.99.
Money paid to shareholders per share, summed by calendar year.
2017–2025: 0.00 SEK–4.00 SEK.
The ordinary yearly dividend as a percentage of the share price. Across Nordic companies, a yield of this size was followed by a lower dividend the next year in about 33% of cases, against about 17% below 5%.
2022–2025: 0.0%–7.7%. Peers: Atria 4.7%, Swedencare 1.4%, Humble Group 0.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -1.60–-0.91. Peers: Atria 2.20, Swedencare 3.43, Humble Group 3.73.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 5.67–8.19. Peers: Atria 0.99, Swedencare 0.42, Humble Group 0.58.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 8.2–12.0.
Cash left after investments, divided by the number of shares.
2022–2025: 0.53 SEK–14.59 SEK. Peers: Atria 0.78 EUR, Swedencare 1.35 SEK, Humble Group 0.59 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 23.7%–40.3%.
The dividend explained
A dividend is money paid to shareholders. Zinzino paid 6.00 SEK per share in the twelve months through November 6, 2026.
On the ex-dividend day, June 3, 2026, Zinzino traded without the right to the 6.00 SEK dividend. The price went from 148.30 SEK to 138.50 SEK; including the dividend, the day's change was −2.6%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: 0.25 SEK2018: 0.45 SEK2019: 0.70 SEK2020: 0.70 SEK2021: 1.25 SEK2022: 2.00 SEK2023: 0.00 SEK2024: 3.00 SEK2025: 4.00 SEK2026 so far: 6.00 SEK
What followed similar falls?
Including reinvested dividends, Zinzino fell 16.7% over the latest five trading days. Since November 7, 2016, falls at least this large were followed by a higher value 21 trading days later in 2 out of 5 non-overlapping periods. The median was −13.4%, against +0.5% for an ordinary 21-day period, which ended higher 51 times in 100.
Such a fall has not said much about the next month.
−13.4% · 2/5
More about Zinzino
Insider trades
People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.
- Finn Orjan Saele, senior executiveBuyabout 1.4 m SEK
- Finn Orjan Saele, senior executiveBuyabout 672 thousand SEK
- Hans Gustaf Jacobsson, chairSellabout 161 thousand SEK
- Hans Gustaf Jacobsson, chairSellabout 688 thousand SEK
- Hans Gustaf Jacobsson, chairSellabout 1.1 m SEK
Earnings report
On its last 16 report days Zinzino usually moved about 6.8%. On a normal day it moves 0.8%.
+7.37% +7.09% +31.45% +25.20%
10,000 SEK in Zinzino bought on November 7, 2016 is worth 116,000 SEK today, with dividends reinvested.
What would 10,000 SEK in Zinzino be worth today? →
What would 10,000 SEK in Zinzino be worth today?
116,000 SEK
with dividends reinvested, bought on November 7, 2016.
At worst it was worth 5,700 SEK (December 13, 2018).
The five biggest days of the journey
· +31.4% · the whole market rose 0.1% the same day · report day
· +25.2% · the whole market rose 0.5% the same day · report day
· −21.5% · the whole market fell 3.4% the same day
· +20.6% · the whole market rose 4.0% the same day
· −18.2% · the whole market fell 10.6% the same day
Earlier days
+0.52% market −0.32% Zinzino rose, in an ordinary-sized move for the stock. Read →
Zinzino rose, in an ordinary-sized move for the stock.
Its shares fell very sharply over the last five trading days, while OMX Stockholm 30 rose slightly, so the stock moved against the market.
The past week's fall is hard to pin on one company event, though the October sales report, which showed group revenue up only 1%, likely weighed on sentiment.
Trading volume was well above its usual level, about twice a normal session, so the move drew heavy interest.
−14.70% market +0.83% Zinzino fell, moving against a slightly firmer market. Read →
Zinzino fell, moving against a slightly firmer market.
Company news from that day showed October revenue up about 1%, a sluggish rise after strong year-to-date growth, which likely weighed on sentiment.
Over the last five trading days the stock fell very sharply while OMX Stockholm 30 rose slightly, a very big move for Zinzino.
Trading was about nine times its usual level, so heavy selling likely drove the drop.
−0.88% market +0.48% Zinzino fell slightly without company news. Read →
Zinzino fell slightly without company news.
OMX Stockholm 30 rose slightly that day, and the drop was an ordinary-sized move for Zinzino.
Over the last five trading days, the shares were roughly unchanged while OMX Stockholm 30 rose clearly, so Zinzino lagged the index.
The main company news came earlier, when Zinzino launched three fermented supplement drinks in Europe on 23 October.
Short sellers were therefore reducing their bets before the last session.
−1.67% market +1.57% Zinzino fell, while OMX Stockholm 30 rose clearly. Read →
Zinzino fell, while OMX Stockholm 30 rose clearly.
The stock moved against the market.
It launched three fermented supplement drinks in Europe that day, a product launch that does not obviously explain a fall.
Over the last five trading days, Zinzino fell clearly, a bigger move than the market's slight decline.
Trading was thin, and the share price is well below its high of last year, which was in mid December.
−1.50% market +0.41% Zinzino fell clearly, moving against the market. Read →
Zinzino fell clearly, moving against the market.
No company news from that session explains the move.
Over the last five trading days, Zinzino fell clearly, in line with a sharp market decline.
Likely drivers are broad selling in Nordic stocks and weak sentiment; the earlier news, a preview of its Q3 report and a share issue from exercised warrants, does not explain the drop.
Next, watch the Q3 report, which is due soon.
−3.22% market −3.67% Zinzino fell clearly over the last five trading days, moving in line with the broader Stockholm market, which also dropped sharply. Read →
Zinzino fell clearly over the last five trading days, moving in line with the broader Stockholm market, which also dropped sharply.
The main company news was a preview of its third-quarter 2026 report, which pointed to higher profitability despite slightly slower growth.
Shares also gained a little support from a new study on its Balance Concept, and a small share issue from warrant exercises raised about SEK 2.1 million.
The market-wide decline likely explains most of the fall, since trading volume stayed around its usual level.
−2.27% market −0.89% Zinzino fell sharply, with no company news explaining it. Read →
Zinzino fell sharply, with no company news explaining it.
Over the same day OMX Stockholm 30 also fell clearly, so the move was largely market-driven.
Trading was about twice a normal day, a sign of heavy selling pressure.
Over the last five trading days the share was roughly unchanged, while the market slipped slightly.
Earlier news, a study on Zinzino's Balance Concept (a fatty acid test and omega-3 dosing plan), came out the day before the session.
+1.42% market +1.25% Zinzino rose sharply, most likely on an equity issue from a share option program. Read →
Zinzino rose sharply, most likely on an equity issue from a share option program.
Over the last five trading days it rose very sharply, well ahead of OMX Stockholm 30, which rose slightly.
The company said that 36,643 new B-shares were issued after warrant holders subscribed at SEK 56 per share, which raised about SEK 2 million and adds only about 0.09% dilution.
Such a small issue is unlikely to be the main driver of the rise, so the move probably reflects broader buying interest in the stock.
Next, watch for the company's next report and whether the rally holds as the market moves.
+0.50% market −0.62% Zinzino rose slightly, moving against a slightly weaker OMX Stockholm 30. Read →
Zinzino rose slightly, moving against a slightly weaker OMX Stockholm 30.
Over the last five trading days it rose very sharply, well ahead of the market.
The clearest company news is the preliminary third-quarter sales report, which showed group revenue up 18 percent, but it was published before the last session, so it is more likely the background to the week's strength than the cause of the last session's small gain.
The most likely drivers are continued investor interest in the strong sales growth, with the small move in the last session partly reflecting ordinary daily trading.
+0.65% market −0.02% Zinzino rose clearly, likely on the Q3 sales report and the earnings call commentary. Read →
Zinzino rose clearly, likely on the Q3 sales report and the earnings call commentary.
Over the last five trading days the stock rose very sharply, well ahead of the OMX Stockholm 30, which rose only slightly.
The strongest driver is the preliminary Q3 2026 sales report showing group revenue up 18 percent, with January to September revenue up 21 percent, a sign of strong underlying demand.
The earnings call transcript published the day before likely added to investor interest in the company's outlook.
Next to watch is the full interim report, where margins and profitability will matter as much as sales growth.
+5.78% market +0.21% Zinzino jumped on its preliminary third-quarter sales report. Read →
Zinzino jumped on its preliminary third-quarter sales report.
Zinzino rose very sharply over the last five trading days while the OMX Stockholm 30 was roughly flat, with the bulk of the gain coming in the last session.
The likely driver is the preliminary third-quarter sales report published late last week, which showed group revenue up 18% year on year and September sales up 15%, with accumulated January–September revenue up 21% — a strong acceleration that likely lifted expectations for the full report.
Because that news landed before the last session, the sharp move in the final session probably reflects the market continuing to price in that growth rather than a fresh company event.
Watch for the full third-quarter report and any confirmation of margins alongside the revenue growth.
Learn more · Why do stocks go up and down?