Marine Harvest ASA (OTCMKTS:MHGVY) Sees Unusually-High Trading Volume – Here’s Why

Posted by Brian Himes on Oct 22nd, 2026

Marine Harvest ASA (OTCMKTS:MHGVY – Get Free Report) saw an uptick in trading volume on Tuesday. 41,241 shares were traded during trading, an increase of 68% from the previous session’s volume of 24,610 shares. The stock last traded at $22.73 and had previously closed at $22.55.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MHGVY shares. The Goldman Sachs Group upgraded shares of Marine Harvest ASA to a “hold” rating in a research note on Friday, October 2nd. Kepler Capital Markets lowered shares of Marine Harvest ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. Finally, Pareto Securities cut shares of Marine Harvest ASA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on Marine Harvest ASA

Marine Harvest ASA Stock Performance

The stock has a market cap of $12.18 billion, a P/E ratio of 20.64 and a beta of 0.92. The firm’s 50-day moving average is $21.66 and its two-hundred day moving average is $21.20. The company has a quick ratio of 1.11, a current ratio of 3.32 and a debt-to-equity ratio of 0.78.

Marine Harvest ASA (OTCMKTS:MHGVY – Get Free Report) last posted its earnings results 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 net margin of 11.19% and a return on equity of 11.74%. The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.85 billion.

Marine Harvest ASA Company Profile

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Marine Harvest ASA was a Norway-based seafood company focused on the farming, processing and sale of Atlantic salmon. Its operations included hatcheries, marine fish farms, processing facilities and seafood distribution, supporting an integrated value chain from egg production through finished food products.

The company marketed fresh and prepared salmon products to retailers, food-service operators and other customers in international markets. Its activities historically covered major salmon-farming regions including Norway, Scotland, Chile, Canada, Ireland and the Faroe Islands, with products sold across Europe, the Americas and Asia.

Marine Harvest changed its name to Mowi ASA in 2019, adopting the name associated with one of its historical salmon brands.