Mowi ASA (OTCMKTS:MHGVY) Trading Down 0.5%

Mowi ASA (OTCMKTS:MHGVY) shares traded down 0.5% on Wednesday . The company traded as low as $17.13 and last traded at $17.18. 15,896 shares were traded during mid-day 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 Performance

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 company has a fifty day moving average price of $18.51 and a two-hundred day moving average price of $17.77.

Mowi ASA (OTCMKTS:MHGVY) last posted its earnings results on Wednesday, February 14th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.02. The company had revenue of $1.54 billion for the quarter. Mowi ASA had a net margin of 7.88% and a return on equity of 16.27%. As a group, analysts expect that Mowi ASA will post 1.31 earnings per share for the current fiscal year.

Mowi ASA Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 11th. Shareholders of record on Monday, February 26th were paid a dividend of $0.1347 per share. This is a boost from Mowi ASA’s previous dividend of $0.10. The ex-dividend date of this dividend was Friday, February 23rd. Mowi ASA’s dividend payout ratio (DPR) 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.