Mowi ASA (OTCMKTS:MHGVY) Upgraded at Kepler Capital Markets

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) was upgraded by Kepler Capital Markets to a "strong-buy" rating in a research report issued on Tuesday, March 11th,Zacks.com reports.

Mowi ASA Price Performance

Shares of MHGVY traded up $0.11 during mid-day trading on Tuesday, hitting $19.46. 4,860 shares of the company were exchanged, compared to its average volume of 22,807. Mowi ASA has a 1-year low of $15.89 and a 1-year high of $20.63. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.79 and a current ratio of 3.13. The company has a 50 day moving average of $18.82 and a 200-day moving average of $18.11. The stock has a market cap of $10.06 billion, a price-to-earnings ratio of 27.79, a price-to-earnings-growth ratio of 2.45 and a beta of 1.35.

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

About Mowi ASA

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.