Orkla ASA (OTCMKTS:ORKLY – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $8.95 and last traded at $8.93, with a volume of 12177 shares changing hands. The stock had previously closed at $8.85.
Orkla ASA Stock Performance
The firm has a market cap of $8.96 billion, a PE ratio of 17.54 and a beta of 0.57. The company’s 50-day simple moving average is $8.39 and its two-hundred day simple moving average is $7.75.
Orkla ASA (OTCMKTS:ORKLY – Get Free Report) last announced its quarterly earnings results on Monday, July 15th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $1.60 billion during the quarter. Orkla ASA had a net margin of 8.80% and a return on equity of 13.01%.
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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