Orkla ASA (OTCMKTS:ORKLY – Get Free Report) shares rose 0.6% during mid-day trading on Monday . The stock traded as high as $9.03 and last traded at $8.92. Approximately 19,937 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 37,638 shares. The stock had previously closed at $8.87.
Orkla ASA Price Performance
The company has a current ratio of 1.18, a quick ratio of 0.64 and a debt-to-equity ratio of 0.35. The stock’s 50-day moving average is $9.33 and its two-hundred day moving average is $8.66.
Orkla ASA (OTCMKTS:ORKLY – Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.17 earnings per share for the quarter. The firm had revenue of $1.64 billion during the quarter. Orkla ASA had a net margin of 8.18% and a return on equity of 12.95%.
Orkla ASA Company Profile
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations.
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