Orkla ASA (OTCMKTS:ORKLY – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $9.53 and last traded at $9.53, with a volume of 13066 shares traded. The stock had previously closed at $9.43.
Orkla ASA Price Performance
The company has a 50-day simple moving average of $8.97 and a two-hundred day simple moving average of $8.16. The stock has a market capitalization of $9.54 billion, a price-to-earnings ratio of 18.69 and a beta of 0.59.
Orkla ASA (OTCMKTS:ORKLY – Get Free Report) last released its quarterly earnings results on Monday, July 15th. The company reported $0.15 earnings per share (EPS) for the quarter. Orkla ASA had a return on equity of 12.94% and a net margin of 8.80%. The company had revenue of $1.60 billion during the quarter.
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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