Orkla ASA (OTCMKTS:ORKLY – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.14 earnings per share for the quarter, Zacks reports. Orkla ASA had a net margin of 8.18% and a return on equity of 12.87%.
Orkla ASA Stock Performance
Shares of OTCMKTS:ORKLY opened at $9.75 on Friday. Orkla ASA has a one year low of $6.36 and a one year high of $9.93. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.70 and a current ratio of 1.30. The firm’s 50 day simple moving average is $8.96 and its 200-day simple moving average is $9.06. The firm has a market cap of $9.73 billion, a PE ratio of 18.40 and a beta of 0.59.
Analyst Ratings Changes
Separately, Sanford C. Bernstein raised shares of Orkla ASA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.
Orkla ASA Company Profile
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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