Mowi ASA (OTCMKTS:MHGVY – Get Free Report) shot up 1.5% during trading on Thursday . The stock traded as high as $18.06 and last traded at $18.06. 15,899 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 29,674 shares. The stock had previously closed at $17.80.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised Mowi ASA to a “hold” rating in a research note on Thursday, September 19th.
Get Our Latest Stock Analysis on Mowi ASA
Mowi ASA Trading Up 1.5 %
Mowi ASA (OTCMKTS:MHGVY – Get Free Report) last posted its quarterly earnings data on Tuesday, August 20th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.03). The firm had revenue of $1.44 billion during the quarter. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%. On average, research analysts predict that Mowi ASA will post 0.95 EPS for the current fiscal year.
Mowi ASA Increases Dividend
The business also recently announced a dividend, which was paid on Monday, September 16th. Shareholders of record on Tuesday, September 3rd were issued a $0.1216 dividend. This is a boost from Mowi ASA’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, September 3rd. Mowi ASA’s dividend payout ratio is presently 67.14%.
Mowi ASA Company Profile
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.
Recommended Stories
- Five stocks we like better than Mowi ASA
- Business Services Stocks Investing
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- 3 Warren Buffett Stocks to Buy Now
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- The 3 Best Blue-Chip Stocks to Buy Now
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Mowi ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mowi ASA and related companies with MarketBeat.com's FREE daily email newsletter.