Mowi ASA (OTCMKTS:MHGVY) Short Interest Update

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) saw a large drop in short interest in April. As of April 15th, there was short interest totalling 300 shares, a drop of 97.7% from the March 31st total of 13,000 shares. Based on an average daily volume of 103,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Mowi ASA Stock Performance

Shares of MHGVY traded down $0.81 on Friday, reaching $17.74. 20,045 shares of the stock traded hands, compared to its average volume of 25,279. The firm has a market cap of $9.17 billion, a price-to-earnings ratio of 25.34, a P/E/G ratio of 2.45 and a beta of 1.21. Mowi ASA has a 12 month low of $15.89 and a 12 month high of $20.63. The stock's 50-day moving average price is $18.40 and its 200-day moving average price is $18.24. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.13 and a quick ratio of 0.79.

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) last announced its earnings results on Wednesday, February 12th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.08. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%. Equities analysts forecast that Mowi ASA will post 0.95 EPS for the current fiscal year.

Mowi ASA Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 10th. Stockholders of record on Monday, February 24th were paid a $0.1773 dividend. This is a boost from Mowi ASA's previous dividend of $0.14. The ex-dividend date was Monday, February 24th. Mowi ASA's dividend payout ratio (DPR) is 54.08%.

Analysts Set New Price Targets

MHGVY has been the topic of a number of recent research reports. Dnb Nor Markets upgraded Mowi ASA from a "hold" rating to a "strong-buy" rating in a report on Tuesday. Kepler Capital Markets raised shares of Mowi ASA to a "strong-buy" rating in a research note on Tuesday, March 11th. Finally, Barclays lowered shares of Mowi ASA from a "strong-buy" rating to a "hold" rating in a research report on Sunday, April 6th.

Mowi ASA Company Profile

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities.

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