Mowi ASA (OTCMKTS:MHGVY) Raised to “Strong-Buy” at Kepler Capital Markets

Mowi ASA (OTCMKTS:MHGVY) was upgraded by analysts at Kepler Capital Markets to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Mowi ASA Trading Up 1.6 %

OTCMKTS MHGVY opened at $18.74 on Tuesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.79 and a current ratio of 3.13. The firm has a market cap of $9.69 billion, a PE ratio of 26.78, a P/E/G ratio of 2.45 and a beta of 1.35. Mowi ASA has a one year low of $15.89 and a one year high of $20.63. The firm’s fifty day moving average is $18.72 and its two-hundred day moving average is $18.09.

Mowi ASA (OTCMKTS:MHGVY) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%. Analysts expect that Mowi ASA will post 0.95 earnings per share for the current year.

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.