Mowi ASA (OTCMKTS: MHGVY) saw a significant decrease in short interest during the month of December. As of December 15, there was short interest for a total of 200 shares, a decrease of 98.3% from the November 30 total of 11,700 shares. Based on an average daily volume of 126,700 shares, the ratio of days to hedge is currently 0.0 days.
Several research companies have recently commented on MHGVY. DNB Markets raised Mowi ASA from a “hold” rating to a “buy” rating in a research report on Thursday, December 16. Barclays reissued an “overweight” rating on Mowi ASA shares in a research report on Thursday, November 11. Berenberg Bank raised its target price on Mowi ASA from 200.00 to 235.00 and gave the stock a “hold” rating in an investigative report on Monday, November 15. Finally, Exane BNP Paribas raised Mowi ASA from a “neutral” rating to a “superior performance” rating in an investigative report on Wednesday, September 8. Three research analysts have rated the stock with a retention rating and five have given the company’s stock a buy rating. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $ 235.00.
OTCMKTS: MHGVY was up $ 0.05 during Monday’s trading hours, reaching $ 23.78. 23,451 shares of the company were exchanged, compared to its average volume of 29,284. The company has a market capitalization of $ 12.29 billion, a P / E ratio of 23.54 and a beta of 1.09. Mowi ASA has a one-year low of $ 21.41 and a one-year high of $ 29.94. The company has a debt-to-equity ratio of 0.51, a current ratio of 3.07, and a quick ratio of 0.79. The company has a 50-day moving average of $ 25.12 and a 200-day moving average of $ 25.94.
Mowi ASA (OTCMKTS: MHGVY) last released its earnings results on Wednesday, November 10. The company reported earnings of $ 0.21 per share for the quarter. The firm had revenues of $ 1.22 billion for the quarter. Mowi ASA had a return on equity of 9.95% and a net margin of 10.70%.
The firm also recently announced a dividend, which was paid on Monday, December 6. Shareholders of record on Monday, November 22, received a dividend of $ 0.5196. This represents a dividend yield of 1.92%. The ex-dividend date was Friday, November 19. This is an increase from Mowi ASA’s previous dividend of $ 0.13. Mowi ASA’s Dividend Payment Ratio (DPR) is currently 30.69%.
About Mowi ASA
Mowi ASA offers farmed salmon and processed seafood to customers around the world. The firm also offers battered seafood, ready-to-eat dishes, delicious appetizers, and smoked seafood. It operates through the following segments: feed, agriculture, and sales and marketing. The feed segment comprises the first feed plant, located in Norway.
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