Mowi ASA (OTCMKTS:MHGVY) Rating Lowered to Hold at Kepler Capital Markets

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) was downgraded by equities researchers at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities research analysts also recently issued reports on MHGVY. Barclays downgraded shares of Mowi ASA from a "strong-buy" rating to a "hold" rating in a research note on Sunday, April 6th. Dnb Nor Markets upgraded Mowi ASA from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 22nd.

Mowi ASA Stock Down 0.9 %

Mowi ASA stock opened at $18.01 on Tuesday. Mowi ASA has a 12 month low of $15.89 and a 12 month high of $20.63. The stock has a market capitalization of $9.31 billion, a PE ratio of 25.72, a price-to-earnings-growth ratio of 2.45 and a beta of 1.22. 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 business has a 50 day simple moving average of $18.26 and a 200-day simple moving average of $18.25.

Mowi ASA (OTCMKTS:MHGVY - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.08. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%. On average, analysts anticipate that Mowi ASA will post 0.95 EPS for the current fiscal year.

Mowi ASA Company Profile

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.

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