Marine Harvest ASA (OTCMKTS:MHGVY) Hits New 12-Month High – Here’s What Happened

Marine Harvest ASA (OTCMKTS:MHGVY) reached a new 52-week high during trading on Tuesday . The company traded as high as $22.98 and last traded at $22.95, with a volume of 6436 shares. The stock had previously closed at $22.84.

Marine Harvest ASA Stock Up 0.5%

The company has a market cap of $11.87 billion, a P/E ratio of 32.79 and a beta of 1.21. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 3.12. The business’s fifty day moving average is $21.15 and its two-hundred day moving average is $19.49.

Marine Harvest ASA (OTCMKTS:MHGVY) last issued its earnings results on Wednesday, August 20th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Marine Harvest ASA had a return on equity of 13.98% and a net margin of 5.85%.The company had revenue of $1.62 billion during the quarter, compared to the consensus estimate of $1.54 billion. Equities analysts predict that Marine Harvest ASA will post 0.95 EPS for the current year.

About Marine Harvest 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.