Orkla Asa (OTCMKTS:ORKLY – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 138,496 shares changed hands during mid-day trading, an increase of 197% from the previous session’s volume of 46,591 shares.The stock last traded at $11.0615 and had previously closed at $10.82.
Orkla Asa Stock Performance
The company has a quick ratio of 0.62, a current ratio of 1.21 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $10.93 billion, a PE ratio of 10.54 and a beta of 0.45. The firm’s 50-day moving average price is $10.42 and its two-hundred day moving average price is $10.79.
Orkla Asa (OTCMKTS:ORKLY – Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. Orkla Asa had a net margin of 15.49% and a return on equity of 13.45%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.76 billion.
About Orkla Asa
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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