R3Q.F - REC Silicon ASA

Frankfurt - Frankfurt Delayed Price. Currency in EUR
0.0540
-0.0040 (-6.90%)
At close: 8:06AM CET
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Previous Close0.0580
Open0.0540
Bid0.053 x 12580000
Ask0.067 x 12580000
Day's Range0.0540 - 0.0540
52 Week Range0.0470 - 0.1666
Volume3,250
Avg. Volume4,355
Market Cap158.654M
Beta (3Y Monthly)0.67
PE Ratio (TTM)N/A
EPS (TTM)-0.193
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters5 months ago

    REC Silicon posts Q2 loss on China-U.S. solar trade war

    A U.S.-China trade dispute sent Norway's REC Silicon, a supplier to the solar industry, plunging to a quarterly loss on Thursday, but the company's shares rose after it indicated it would not need to issue new equity this year. REC Silicon's shares initially slumped by 16 percent after the Oslo-listed firm reported a pre-tax loss of $374 million in the second quarter, compared with a profit of $60 million in the first quarter and a loss of $46 million a year ago. The company took an impairment charge of $340 million "due to the market disruption from the curtailment of solar incentives in China, as well as continued trade barriers that prevent access to primary markets inside China," it said.

  • Reuters6 months ago

    UPDATE 1-Norway's REC Silicon lays off workers at U.S. plant, blaming trade war

    Norway's REC Silicon, a supplier of silicon materials to the solar industry, said on Monday it would reduce nearly 40 percent of its workforce at one of its two plants in the United States, blaming the ongoing U.S.-China trade war. The firm said it had not been able to sell its goods in China since 2014 as a result of the trade war between the world's two largest economies over solar panels. Shares in REC Silicon were down 8 percent at 0705 GMT, lagging an Oslo benchmark index down 0.8 percent, having already fallen 65 percent over the past five years.

  • Reuters6 months ago

    Norway's REC Silicon lays off nearly 40 pct of workers at US plant

    Norway's REC Silicon, a supplier of silicon materials to the solar industry, said on Monday it would reduce nearly 40 percent of its workforce at one of its two plants in the United States, blaming the ongoing U.S.-China trade war. The firm said it had not been able to sell its goods in China since 2014 as a result of the trade war between the world's two largest economies over solar panels.

  • One Thing To Consider Before Buying REC Silicon ASA (OB:REC)
    Simply Wall St.6 months ago

    One Thing To Consider Before Buying REC Silicon ASA (OB:REC)

    For REC Silicon ASA’s (OB:REC) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. The beta measuresRead More...

  • Breakeven On The Horizon For REC Silicon ASA (OB:REC)
    Simply Wall St.7 months ago

    Breakeven On The Horizon For REC Silicon ASA (OB:REC)

    REC Silicon ASA’s (OB:REC): REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. With the latest financial year loss ofRead More...

  • What Investors Should Know About REC Silicon ASA’s (OB:REC) Financial Strength
    Simply Wall St.7 months ago

    What Investors Should Know About REC Silicon ASA’s (OB:REC) Financial Strength

    REC Silicon ASA (OB:REC) is a small-cap stock with a market capitalization of ØRE3.39B. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...

  • At NOK1.375, Is It Time To Buy REC Silicon ASA (OB:REC)?
    Simply Wall St.8 months ago

    At NOK1.375, Is It Time To Buy REC Silicon ASA (OB:REC)?

    REC Silicon ASA (OB:REC), a semiconductor company based in Norway, led the OB gainers with a relatively large price hike in the past couple of weeks. With many analysts coveringRead More...