Orkla Asa (OTCMKTS:ORKLY – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 89,652 shares traded hands during trading, an increase of 93% from the previous session’s volume of 46,468 shares.The stock last traded at $10.3250 and had previously closed at $10.3750.
Orkla Asa Stock Performance
The company has a debt-to-equity ratio of 0.34, a current ratio of 1.21 and a quick ratio of 0.62. The firm has a market cap of $10.30 billion, a P/E ratio of 10.42 and a beta of 0.42. The stock’s 50 day moving average is $10.44 and its two-hundred day moving average is $10.81.
Orkla Asa (OTCMKTS:ORKLY – Get Free Report) last released its quarterly earnings data on Friday, November 14th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.02. Orkla Asa had a return on equity of 13.07% and a net margin of 15.14%.The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.76 billion.
Orkla Asa Company Profile
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.
Featured Articles
- Five stocks we like better than Orkla Asa
- What Does Downgrade Mean in Investing?
- D-Wave: Time to Buy the Dip? Or is the Fall Just Starting?
- What is a Death Cross in Stocks?
- Hims, Block, and NRG Just Launched Huge Stock Buybacks
- How to Calculate Return on Investment (ROI)
- Retail Earnings Roundup: Walmart Scores, Target Slumps in Q3
Receive News & Ratings for Orkla Asa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orkla Asa and related companies with MarketBeat.com's FREE daily email newsletter.
