New Wave Group AB (publ) ( STO:NEWA B ), which is in the luxury business, and is based in Sweden, received a lot of attention from a substantial price movement on the OM over the last few months, increasing to kr61.40 at one point, and dropping to the lows of kr54.10. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether New Wave Group's current trading price of kr59.00 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at New Wave Group's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.