Orkla ASA (OTCMKTS:ORKLY - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as $10.00 and last traded at $9.81, with a volume of 10173 shares traded. The stock had previously closed at $9.66.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein upgraded shares of Orkla ASA from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th.
Check Out Our Latest Stock Report on Orkla ASA
Orkla ASA Stock Up 0.2 %
The company has a debt-to-equity ratio of 0.34, a current ratio of 1.30 and a quick ratio of 0.70. The company's 50-day simple moving average is $9.07 and its 200 day simple moving average is $9.14. The firm has a market cap of $9.74 billion, a P/E ratio of 17.43 and a beta of 0.59.
Orkla ASA (OTCMKTS:ORKLY - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.14 EPS for the quarter. Orkla ASA had a net margin of 8.58% and a return on equity of 13.13%. The business had revenue of $1.70 billion during the quarter.
Orkla ASA Company Profile
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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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