Norwegian Air Shuttle ASA (NWARF) Stock Price, News & Analysis

Company Overview

Norwegian Air Shuttle ASA (OTCMKTS:NWARF) is a low-cost airline headquartered near Oslo, Norway. Established in 1993 as an air taxi and charter operator, the company transitioned to a budget carrier model in the early 2000s. Today, Norwegian Air Shuttle is one of the largest airlines in the Nordic region, offering scheduled passenger services that compete on price and efficiency with legacy carriers across Europe.

The airline’s core business centers on short-haul and medium-haul flights, operating a homogeneous fleet of Boeing 737 aircraft designed to optimize turnaround times and minimize operating costs. In addition to basic seat fares, Norwegian generates ancillary revenue through services such as seat selection, extra baggage, onboard refreshments and a loyalty program known as Norwegian Reward. Digital booking and self-service check-in platforms support the carrier’s low-cost model by reducing overhead and enhancing the passenger experience.

Over its history, Norwegian has pursued rapid route expansion, launching transatlantic and long-haul services in 2013. While the carrier later scaled back intercontinental operations to focus on core European and Nordic markets, it continues to serve destinations throughout Scandinavia, the United Kingdom, continental Europe and select routes to North Africa. The airline has undergone restructuring efforts to strengthen its balance sheet and streamline operations, positioning itself to compete in a highly price-sensitive market.

Key Stats

• Today's Range: $1.59 to $1.70
• 50-Day Range: $1.39 to $1.82
• 52-Week Range: $0.85 to $1.95
• Volume: 2,535 shs
• Average Volume: 10,466 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Norwegian Air Shuttle ASA Stock Analysis - MarketRank™

Norwegian Air Shuttle ASA scored higher than 1% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Norwegian Air Shuttle ASA.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Norwegian Air Shuttle ASA is -0.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Norwegian Air Shuttle ASA is -0.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Norwegian Air Shuttle ASA has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Norwegian Air Shuttle ASA has recently increased by 1,468.18%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Norwegian Air Shuttle ASA does not currently pay a dividend.

Dividend Growth

Norwegian Air Shuttle ASA does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Norwegian Air Shuttle ASA has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Norwegian Air Shuttle ASA has recently increased by 1,468.18%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: -0.50

News Sentiment

Norwegian Air Shuttle ASA has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Norwegian Air Shuttle ASA this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Norwegian Air Shuttle ASA insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 31.78% of the stock of Norwegian Air Shuttle ASA is held by institutions.

NWARF Stock Analysis - Frequently Asked Questions

How have NWARF shares performed this year?

Norwegian Air Shuttle ASA's stock was trading at $0.9704 at the start of the year. Since then, NWARF stock has increased by 75.2% and is now trading at $1.70.

How do I buy shares of Norwegian Air Shuttle ASA?

Shares of NWARF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Today: 9/13/2025
• Next Earnings (Estimated): 10/22/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Industrials
• Industry: Airlines
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:NWARF
• CIK: N/A
• Web: www.norwegian.com
• Phone: (476) 759-3000
• Fax: N/A
• Employees: 3,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A