Orkla ASA (OTCMKTS:ORKLY) Sets New 1-Year High at $9.47

Orkla ASA (OTCMKTS:ORKLYGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $9.47 and last traded at $9.45, with a volume of 21124 shares trading hands. The stock had previously closed at $9.42.

Orkla ASA Stock Performance

The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 18.46 and a beta of 0.59. The company has a 50-day moving average price of $8.75 and a 200-day moving average price of $8.00.

Orkla ASA (OTCMKTS:ORKLYGet Free Report) last posted its earnings results on Monday, July 15th. The company reported $0.15 EPS for the quarter. The business had revenue of $1.60 billion for the quarter. Orkla ASA had a return on equity of 13.01% and a net margin of 8.80%.

About Orkla ASA

(Get Free Report)

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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