Stig Penne - Astea International Director, Employee Representative
Director
Mr. Stig Penne was Director, Employee Representative at ATEA ASA since January 2015 since 2015.
| Age | 42 |
| Tenure | 9 years |
| Phone | 215-682-2500 |
| Web | http://www.astea.com |
Astea International Management Efficiency
Astea International's management efficiency ratios could be used to measure how well Astea International manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 5.21 M in liabilities with Debt to Equity (D/E) ratio of 5.22, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Astea International has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Astea International until it has trouble settling it off, either with new capital or with free cash flow. So, Astea International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Astea International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Astea to invest in growth at high rates of return. When we think about Astea International's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -0.23 | |||
| Return On Asset | -8.0E-4 |
Astea International Leadership Team
Elected by the shareholders, the Astea International's board of directors comprises two types of representatives: Astea International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Astea. The board's role is to monitor Astea International's management team and ensure that shareholders' interests are well served. Astea International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Astea International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Simon, Independent Director | ||
| Arunas Bartusevicius, Managing Director of Atea UAB, Baltics | ||
| Teodora Macikune, Investor Relations Manager | ||
| Steinar Sonsteby, CEO | ||
| Eric Siegel, Independent Director | ||
| Lisbeth Kvan, Director | ||
| Lorna Stangeland, Vice President for Supply Chain Management | ||
| Truls Berntsen, Director, Employee Representative | ||
| Morten Felding, Managing Director of Atea A/S | ||
| Marthe Dyrud, Director, Employee Representative | ||
| August Baumann, Senior Vice President Business Development, Vendor Management, Support Functions, Group Projects | ||
| Sven Madsen, Director | ||
| Marianne Urdahl, Director, Employee Representative | ||
| Tommy Odegaard, Senior Vice President | ||
| Zack Bergreen, Founder, Chairman of The Board and CEO | ||
| Keith Schneck, Independent Director | ||
| CarlJohan Hultenheim, Managing Director of Atea Sverige AB | ||
| Robert Giori, CFO | ||
| Saloume Djoudat, Director | ||
| David Giannetto, COO | ||
| Fredric Etskovitz, CFO, Principal Accounting Officer and Treasurer | ||
| Morten Jurs, Independent Director | ||
| Ib Kunoee, Chairman of the Board | ||
| Stig Penne, Director, Employee Representative | ||
| Michael Jacobs, Country Manager of Atea Norway | ||
| Juha Sihvonen, Managing Director of Atea Oy |
Astea Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Astea International a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.23 | |||
| Return On Asset | -8.0E-4 | |||
| Profit Margin | (0.0005) % | |||
| Operating Margin | (5.64) % | |||
| Current Valuation | 45.43 M | |||
| Shares Outstanding | 3.65 M | |||
| Shares Owned By Insiders | 43.88 % | |||
| Shares Owned By Institutions | 10.10 % | |||
| Number Of Shares Shorted | 32.73 K | |||
| Price To Earning | 41.62 X |
Pair Trading with Astea International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astea International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astea International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bristol Myers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bristol Myers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bristol Myers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bristol Myers Squibb to buy it.
The correlation of Bristol Myers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bristol Myers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bristol Myers Squibb moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bristol Myers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Astea International information on this page should be used as a complementary analysis to other Astea International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Astea OTC Stock
If you are still planning to invest in Astea International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Astea International's history and understand the potential risks before investing.
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