Mowi ASA (OTCMKTS:MHGVY – Get Free Report) dropped 0.5% on Wednesday . The company traded as low as $17.13 and last traded at $17.18. Approximately 15,896 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 29,094 shares. The stock had previously closed at $17.26.
Mowi ASA Trading Up 0.3 %
The stock’s 50-day moving average price is $18.45 and its 200-day moving average price is $17.78. The company has a current ratio of 3.15, a quick ratio of 0.97 and a debt-to-equity ratio of 0.64.
Mowi ASA (OTCMKTS:MHGVY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.02. Mowi ASA had a net margin of 7.88% and a return on equity of 16.27%. The business had revenue of $1.54 billion for the quarter. As a group, sell-side analysts expect that Mowi ASA will post 1.31 EPS for the current fiscal year.
Mowi ASA Increases Dividend
About Mowi ASA
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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