Orkla ASA (OTCMKTS:ORKLY - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $10.33 and last traded at $10.17, with a volume of 45329 shares traded. The stock had previously closed at $10.03.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein raised Orkla ASA from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th.
View Our Latest Research Report on ORKLY
Orkla ASA Trading Up 1.4 %
The company has a market capitalization of $10.15 billion, a P/E ratio of 18.16 and a beta of 0.53. The company has a quick ratio of 0.70, a current ratio of 1.30 and a debt-to-equity ratio of 0.34. The firm's 50-day moving average price is $9.31 and its 200 day moving average price is $9.22.
Orkla ASA (OTCMKTS:ORKLY - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.14 EPS for the quarter. The firm had revenue of $1.70 billion during the quarter. Orkla ASA had a return on equity of 13.13% and a net margin of 8.58%.
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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