Orkla ASA (OTCMKTS:ORKLY - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $10.00 and last traded at $10.00, with a volume of 16333 shares traded. The stock had previously closed at $9.84.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein raised shares of Orkla ASA from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th.
Read Our Latest Stock Analysis on Orkla ASA
Orkla ASA Price Performance
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 stock has a market cap of $9.99 billion, a price-to-earnings ratio of 17.88 and a beta of 0.53. The business's 50-day simple moving average is $9.23 and its two-hundred day simple moving average is $9.19.
Orkla ASA (OTCMKTS:ORKLY - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.14 EPS for the quarter. Orkla ASA had a return on equity of 13.13% and a net margin of 8.58%. The company had revenue of $1.70 billion for the quarter.
Orkla ASA Company Profile
(
Get Free Report)
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.
See Also
Before you consider Orkla ASA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Orkla ASA wasn't on the list.
While Orkla ASA currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
