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Atea ASA (ATEAY)

OTC Technology Information Technology Services
$9.63 ▲ +14.23%
Market Cap
$2.15B
Sector
Technology
Industry
Information Technology Services
Beta
0.71
52-Wk Range
6.7-9.63
CEO
Steinar Sonsteby
Country
NO
Currency
USD

Atea ASA operates in the Information Technology Services industry of the Technology sector, headquartered in Oslo, PS, NO. The stock last traded at $9.63, up 14.23% on the session, giving a market capitalisation of $2.15B. On trailing twelve-month figures it carries a trailing P/E of 16.53, a net margin of 2.9%. Its beta of 0.71 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
16.53
Price / Sales
0.49
Price / Book
4.82
EV / EBITDA
9.15
Gross margin
11.9%
Operating margin
3.7%
Net margin
2.9%
Return on equity
Debt / equity
0.88
Current ratio
0.91
Dividend yield
4.2%
Payout ratio
69.3%
Company profile
Exchange
Other OTC
Employees
8,165
IPO date
2021-09-30
Headquarters
Oslo, PS, NO
About Atea ASA

Established in 1968 and headquartered in Oslo, Norway, Atea ASA specializes in delivering comprehensive IT infrastructure and associated services. The company caters to both private enterprises and public sector entities across the Nordic and Baltic territories. Its diverse offerings encompass hardware and software solutions designed for information storage and management, alongside advanced tools for optimizing, automating, and securing data center operations through virtualization. Atea also furnishes end-user hardware, software, and support, meticulously customized to align with specific user demands, application needs, security protocols, network setups, and computing environments. Furthermore, the firm supplies networking hardware and software, complemented by services aimed at streamlining client communications. They also facilitate enhanced collaboration via conferencing, knowledge-sharing platforms, and various digital productivity tools. The company further develops integrated digital workplace solutions, providing the necessary devices and software for employees to conduct tasks, access data and applications, and engage effectively. Completing its extensive suite are information governance solutions, IT asset lifecycle management, and a full spectrum of professional and managed IT services.

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