Orkla Asa (OTCMKTS:ORKLY – Get Free Report)’s stock price fell 7.7% during mid-day trading on Thursday . The stock traded as low as $11.46 and last traded at $11.46. 1,532 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 53,319 shares. The stock had previously closed at $12.42.
Wall Street Analyst Weigh In
Separately, Kepler Capital Markets cut Orkla Asa from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 14th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.
Get Our Latest Analysis on Orkla Asa
Orkla Asa Price Performance
About Orkla Asa
Orkla ASA (OTCMKTS: ORKLY) is a leading Norwegian industrial group with a strong focus on branded consumer goods, aluminium solutions and strategic investments. Founded in 1654 as a regional copper mine in Orkdal, Trøndelag, the company has evolved over centuries into a diversified conglomerate headquartered in Oslo. Orkla’s portfolio spans fast-moving consumer goods, including food, snacks, confectionery and personal care products, alongside advanced aluminium solutions and financial investments in select industries.
Within its branded consumer goods division, Orkla operates several business areas: Orkla Foods, Orkla Confectionery & Snacks, Orkla Care and Orkla Food Ingredients.
Featured Stories
- Five stocks we like better than Orkla Asa
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for Orkla Asa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orkla Asa and related companies with MarketBeat.com's FREE daily email newsletter.
