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Norwegian Air Shuttle ASA (NWARF)

Other OTC - Other OTC Delayed price. Currency in USD
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3.0450+0.2050 (+7.22%)
As of 1:12PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close2.8400
Open2.9950
Bid0.0000 x 0
Ask0.0000 x 0
Day's range2.8400 - 3.1200
52-week range0.0350 - 11.1800
Volume21,945
Avg. volume16,520
Market cap256.348M
Beta (5Y monthly)1.31
PE ratio (TTM)N/A
EPS (TTM)-124.3010
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est0.85
  • Norwegian Air to raise additional cash before bankruptcy exit
    Reuters

    Norwegian Air to raise additional cash before bankruptcy exit

    Norwegian Air now aims to raise up to 6 billion crowns ($711 million) in fresh capital, up from a planned 4.5 billion, to bolster its resources before emerging from bankruptcy protection next month as the pandemic continues to curb travel. Financed largely by debt, Norwegian Air grew rapidly, serving routes across Europe and flying to North and South America, Southeast Asia and the Middle East before the COVID-19 pandemic plunged the airline into crisis. "We want to take a conservative approach at a time when the pandemic and travel restrictions continue to create unpredictability in the travel sector," Chief Executive Jacob Schram said in a statement on Wednesday.

  • U.S. should deny market access to Norwegian budget airline - lawmaker
    Reuters

    U.S. should deny market access to Norwegian budget airline - lawmaker

    WASHINGTON (Reuters) -The chairman of the U.S. House Transportation and Infrastructure Committee on Wednesday urged the Biden administration to deny a permit for a new low-cost Norwegian carrier to enter the domestic market. Representative Peter DeFazio, in a statement released ahead of a hearing Thursday, urged Transportation Secretary Pete Buttigieg to deny Norse Atlantic permission to enter the U.S. market. Last week, Reuters reported the budget airline planned to fly from U.S. destinations such as New York, Los Angeles and Miami to European cities including London, Paris and Oslo, with a goal of launching its first flight in December this year.

  • Norwegian Air's shareholders back restructuring plan, says E24
    Reuters

    Norwegian Air's shareholders back restructuring plan, says E24

    Norwegian Air's shareholders voted in favour of the company's debt restructuring plan on Thursday, business news website E24 reported. More than 99% of shareholders supported the so-called scheme of arrangement, E24 reported, which will be voted on separately by several groups of creditors on Thursday and Friday. Norwegian Air was not immediately available for comment.