Shares of Orkla ASA (OTCMKTS:ORKLY - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $9.93 and last traded at $9.75, with a volume of 11855 shares. The stock had previously closed at $9.79.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein raised Orkla ASA from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th.
View Our Latest Research Report on Orkla ASA
Orkla ASA Stock Performance
The company has a 50 day moving average of $8.97 and a two-hundred day moving average of $9.07. 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 has a market capitalization of $9.73 billion, a PE ratio of 18.40 and a beta of 0.59.
Orkla ASA (OTCMKTS:ORKLY - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.14 EPS for the quarter. The firm had revenue of $1.70 billion for the quarter. Orkla ASA had a net margin of 8.18% and a return on equity of 12.87%.
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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