Shares of Orkla Asa (OTCMKTS:ORKLY - Get Free Report) fell 0.4% during mid-day trading on Tuesday . The company traded as low as $11.04 and last traded at $11.18. 28,654 shares were traded during trading, a decline of 24% from the average session volume of 37,543 shares. The stock had previously closed at $11.23.
Orkla Asa Stock Performance
The company has a market capitalization of $11.15 billion, a price-to-earnings ratio of 11.29 and a beta of 0.45. The stock's 50-day moving average price is $10.88 and its 200-day moving average price is $10.86. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.62 and a current ratio of 1.21.
Orkla Asa (OTCMKTS:ORKLY - Get Free Report) last posted its earnings results on Monday, July 14th. The company reported $0.15 EPS for the quarter, hitting analysts' consensus estimates of $0.15. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $17.37 billion. Orkla Asa had a return on equity of 13.07% and a net margin of 15.14%.
About Orkla Asa
(
Get Free Report)
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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