Mowi ASA (OTCMKTS:MHGVY) Shares Down 0.5%

Mowi ASA (OTCMKTS:MHGVY)’s stock price traded down 0.5% on Wednesday . The stock traded as low as $17.13 and last traded at $17.18. 15,896 shares changed hands during trading, a decline of 45% from the average session volume of 29,094 shares. The stock had previously closed at $17.26.

Mowi ASA Stock Up 0.3 %

The company has a current ratio of 3.15, a quick ratio of 0.97 and a debt-to-equity ratio of 0.64. The firm’s 50-day moving average price is $18.45 and its two-hundred day moving average price is $17.78.

Mowi ASA (OTCMKTS:MHGVY) last released its quarterly earnings results on Wednesday, February 14th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.26 by $0.02. Mowi ASA had a net margin of 7.88% and a return on equity of 16.27%. The firm had revenue of $1.54 billion during the quarter. On average, equities research analysts forecast that Mowi ASA will post 1.31 EPS for the current year.

Mowi ASA Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 11th. Investors of record on Monday, February 26th were given a $0.1347 dividend. This is an increase from Mowi ASA’s previous dividend of $0.10. The ex-dividend date was Friday, February 23rd. Mowi ASA’s dividend payout ratio is 58.06%.

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.