Free Trial

Mowi ASA (OTCMKTS:MHGVY) Stock Price Up 1.5% - Still a Buy?

Mowi ASA logo with Consumer Staples background

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) rose 1.5% during trading on Thursday . The company traded as high as $18.06 and last traded at $18.06. Approximately 15,899 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 29,674 shares. The stock had previously closed at $17.80.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded Mowi ASA to a "hold" rating in a research report on Thursday, September 19th.

Get Our Latest Analysis on Mowi ASA

Mowi ASA Price Performance

The company has a debt-to-equity ratio of 0.58, a current ratio of 3.13 and a quick ratio of 0.79. The company has a market capitalization of $9.34 billion, a price-to-earnings ratio of 25.80, a P/E/G ratio of 2.45 and a beta of 1.33. The stock has a fifty day simple moving average of $17.70 and a 200-day simple moving average of $17.43.

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) last announced its earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.03). The business had revenue of $1.44 billion for the quarter. Mowi ASA had a return on equity of 13.65% and a net margin of 8.92%. On average, equities research analysts anticipate that Mowi ASA will post 0.95 EPS for the current year.

Mowi ASA Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1216 per share. This is an increase from Mowi ASA's previous dividend of $0.10. The ex-dividend date was Tuesday, September 3rd. Mowi ASA's dividend payout ratio is presently 67.14%.

About Mowi ASA

(Get Free Report)

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Mowi ASA right now?

Before you consider Mowi 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 Mowi ASA wasn't on the list.

While Mowi ASA currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Star Bulk Carriers Stock 28% Upside: Can This Small Cap Deliver?

Star Bulk Carriers Stock 28% Upside: Can This Small Cap Deliver?

As global trade ramps up, especially with China's market expansion, could Star Bulk Carriers be your next big opportunity?

Related Videos

These 3 Small-Cap Stocks Could be the Hidden Gems of 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines