Mowi ASA (OTCMKTS:MHGVY) Issues Earnings Results

Mowi ASA (OTCMKTS:MHGVY) released its quarterly earnings data on Wednesday. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08, Zacks reports. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%.

Mowi ASA Stock Down 1.6 %

Shares of OTCMKTS:MHGVY opened at $19.22 on Thursday. The stock’s 50-day moving average is $18.20 and its 200 day moving average is $17.83. The company has a market cap of $9.94 billion, a PE ratio of 27.46, a P/E/G ratio of 2.45 and a beta of 1.34. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.13 and a quick ratio of 0.79. Mowi ASA has a 1 year low of $15.89 and a 1 year high of $20.63.

About Mowi ASA

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.