Mowi ASA (OTCMKTS:MHGVY) Announces Earnings Results, Beats Estimates By $0.08 EPS

Mowi ASA (OTCMKTS:MHGVY) issued its quarterly earnings data on Wednesday. The company reported $0.33 EPS for the quarter, topping the consensus estimate 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 company has a debt-to-equity ratio of 0.58, a quick ratio of 0.79 and a current ratio of 3.13. Mowi ASA has a 52-week low of $15.89 and a 52-week high of $20.63. The firm has a market capitalization of $9.94 billion, a P/E ratio of 27.46, a P/E/G ratio of 2.45 and a beta of 1.34. The stock has a 50 day moving average price of $18.20 and a 200-day moving average price of $17.83.

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.