Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan. The company offers kite system turbines, which produces electricity from tidal streams and ocean currents. It also provides site development, operations, and maintenance services. Minesto AB (publ) was incorporated in 2007 and is headquartered in Gothenburg, Sweden.
Research context
Minesto AB (publ) appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Utilities
- Industry
- Utilities - Renewable
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5 years, 7 months ago
Minesto AB (publ) is currently in a long term downtrend where the price is trading 17.1% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Utilities sector with a price to sales ratio of 0.0.
Minesto AB (publ)'s total revenue rose by 100.0% to $0 since the same quarter in the previous year.
Its net income has increased by 95.6% to $-4M since the same quarter in the previous year.
Finally, its free cash flow grew by 647.5% to $101M since the same quarter in the previous year.
Based on the above factors, Minesto AB (publ) gets an overall score of 4/5.