Shares of Orkla Asa (OTCMKTS:ORKLY – Get Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.57 and traded as low as $10.14. Orkla Asa shares last traded at $10.14, with a volume of 80,328 shares traded.
Orkla Asa Stock Down 0.8%
The company has a debt-to-equity ratio of 0.34, a current ratio of 1.21 and a quick ratio of 0.62. The stock has a market cap of $10.12 billion, a price-to-earnings ratio of 10.24 and a beta of 0.42. The firm’s 50-day moving average is $10.57 and its 200 day moving average is $10.85.
About Orkla Asa
Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations.
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