Mowi ASA (OTCMKTS:MHGVY - Get Free Report)'s share price traded up 0.4% on Thursday . The company traded as high as $19.12 and last traded at $19.10. 18,607 shares traded hands during trading, a decline of 17% from the average session volume of 22,403 shares. The stock had previously closed at $19.01.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the company. Dnb Nor Markets upgraded Mowi ASA from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 22nd. Barclays lowered Mowi ASA from a "strong-buy" rating to a "hold" rating in a research note on Sunday, April 6th. Finally, Kepler Capital Markets downgraded Mowi ASA from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 6th.
Get Our Latest Stock Report on MHGVY
Mowi ASA Trading Up 0.2%
The firm has a market capitalization of $9.89 billion, a price-to-earnings ratio of 27.33, a PEG ratio of 2.45 and a beta of 1.19. The business's 50-day moving average price is $18.23 and its 200 day moving average price is $18.39. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.13 and a quick ratio of 0.79.
Mowi ASA (OTCMKTS:MHGVY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.31 EPS for the quarter, hitting analysts' consensus estimates of $0.31. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.35 billion. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%. On average, equities analysts forecast that Mowi ASA will post 0.95 earnings per share for the current fiscal year.
Mowi ASA Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, June 10th. Investors of record on Wednesday, May 28th were paid a $0.123 dividend. This represents a dividend yield of 2.5%. The ex-dividend date was Tuesday, May 27th. Mowi ASA's dividend payout ratio (DPR) is 73.53%.
Mowi ASA Company Profile
(
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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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