Marine Harvest ASA (OTCMKTS:MHGVY – Get Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $21.14, but opened at $22.09. Marine Harvest ASA shares last traded at $22.14, with a volume of 20,436 shares.
Analyst Upgrades and Downgrades
MHGVY has been the topic of several recent research reports. Kepler Capital Markets cut Marine Harvest ASA from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. Pareto Securities cut shares of Marine Harvest ASA from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
Get Our Latest Stock Report on MHGVY
Marine Harvest ASA Trading Up 0.9%
Marine Harvest ASA (OTCMKTS:MHGVY – Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. Marine Harvest ASA had a return on equity of 11.78% and a net margin of 11.19%.The business had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.85 billion.
Marine Harvest ASA Company Profile
Marine Harvest ASA, trading on the OTC Markets under the symbol MHGVY, is a leading global seafood company headquartered in Bergen, Norway. The company specializes in the farming, processing and distribution of Atlantic salmon and other salmonid species, delivering fresh, frozen and value-added products to retail, foodservice and wholesale customers. With a focus on high-quality protein, Marine Harvest’s product portfolio includes whole and portioned fillets, smoked salmon, seafood burgers, ready-to-eat meals and other branded offerings.
Marine Harvest operates a fully integrated value chain spanning broodstock and hatchery operations, fish feed production, farming sites, processing facilities and global sales offices.
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