Orkla ASA (OTCMKTS:ORKLY) Stock Price Up 1%

Shares of Orkla ASA (OTCMKTS:ORKLYGet Free Report) traded up 1% on Wednesday . The stock traded as high as $8.15 and last traded at $8.15. 6,634 shares traded hands during trading, a decline of 87% from the average session volume of 50,031 shares. The stock had previously closed at $8.07.

Orkla ASA Price Performance

The company’s 50-day moving average is $7.87 and its 200-day moving average is $7.57. The firm has a market capitalization of $8.02 billion, a price-to-earnings ratio of 15.98 and a beta of 0.57.

Orkla ASA (OTCMKTS:ORKLYGet Free Report) last announced its quarterly earnings results on Friday, May 3rd. The company reported $0.14 earnings per share for the quarter. The company had revenue of $1.63 billion for the quarter. Orkla ASA had a net margin of 7.86% and a return on equity of 13.01%.

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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