Orkla Asa (OTCMKTS:ORKLY – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 89,652 shares traded hands during trading, an increase of 93% from the previous session’s volume of 46,468 shares.The stock last traded at $10.3250 and had previously closed at $10.3750.
Orkla Asa Price Performance
The company has a debt-to-equity ratio of 0.34, a current ratio of 1.21 and a quick ratio of 0.62. The company has a market capitalization of $10.30 billion, a P/E ratio of 10.42 and a beta of 0.42. The stock’s fifty day simple moving average is $10.44 and its 200-day simple moving average is $10.81.
Orkla Asa (OTCMKTS:ORKLY – Get Free Report) last issued its quarterly earnings results on Friday, November 14th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.16 by $0.02. Orkla Asa had a return on equity of 13.07% and a net margin of 15.14%.The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate 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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