Mowi ASA (OTCMKTS:MHGVY – Get Free Report) rose 1.5% during trading on Thursday . The company traded as high as $18.06 and last traded at $18.06. Approximately 15,899 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 29,674 shares. The stock had previously closed at $17.80.
Analyst Ratings Changes
Separately, Berenberg Bank upgraded Mowi ASA to a “hold” rating in a research report on Thursday, September 19th.
Get Our Latest Analysis on Mowi ASA
Mowi ASA Price Performance
Mowi ASA (OTCMKTS:MHGVY – Get Free Report) last announced its earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.03). The business had revenue of $1.44 billion for the quarter. Mowi ASA had a return on equity of 13.65% and a net margin of 8.92%. On average, equities research analysts anticipate that Mowi ASA will post 0.95 EPS for the current year.
Mowi ASA Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1216 per share. This is an increase from Mowi ASA’s previous dividend of $0.10. The ex-dividend date was Tuesday, September 3rd. Mowi ASA’s dividend payout ratio is presently 67.14%.
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.
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