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Orkla Reports Growth In Profit And Volume In First Quarter

Norwegian conglomerate Orkla has posted an 8% year-on-year increase in profit before tax of NOK 1.9 billion (€160 million).

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Orkla Seeking To Grow Food Ingredients, Health And India Businesses

Orkla has identified its Food Ingredients, Health, Orkla India and European Pizza Company businesses as areas in which it will look to grow.

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Orkla Announces Partnership With Private Equity Firm Rhône

Orkla has entered into a partnership with private equity firm Rhône to focus on investments in businesses with a transatlantic presence.

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Short Interest in Orkla ASA (OTCMKTS:ORKLY) Declines By 22.6%

Orkla ASA (OTCMKTS:ORKLY – Get Rating) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 33,600 shares, a decrease of 22.6% from the May 15th total of 43,400 shares. Based on an average trading volume of 47,900 shares, the short-interest ratio is presently 0.7 days. Orkla […]

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Orkla ASA (OTCMKTS:ORKLY) Shares Down 0.6%

Orkla ASA (OTCMKTS:ORKLY – Get Rating) was down 0.6% during mid-day trading on Wednesday . The stock traded as low as $7.10 and last traded at $7.23. Approximately 58,288 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 50,926 shares. The stock had previously closed at $7.27. Analysts […]

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Bel Fuse (NASDAQ:BELFA) Sets New 12-Month High at $49.45

Orkla ASA (OTCMKTS:ORKLY – Get Rating)’s stock price was down 0.6% during trading on Wednesday . The stock traded as low as $7.10 and last traded at $7.23. Approximately 58,288 shares were traded during trading, an increase of 14% from the average daily volume of 50,926 shares. The stock had previously closed at $7.27. Analyst […]

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Orkla ASA (OTCMKTS:ORKLY) Rating Increased to Buy at Pareto Securities

Pareto Securities upgraded shares of Orkla ASA (OTCMKTS:ORKLY – Get Rating) from a hold rating to a buy rating in a research report report published on Wednesday morning, The Fly reports. Orkla ASA Trading Down 0.1 % Shares of Orkla ASA stock opened at $7.71 on Wednesday. The company has a fifty day simple moving […]

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Orkla ASA (OTCMKTS:ORKLY) Shares Up 6.4%

Orkla ASA (OTCMKTS:ORKLY – Get Rating)’s stock price shot up 6.4% during trading on Tuesday . The company traded as high as $7.79 and last traded at $7.76. 27,514 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 55,771 shares. The stock had previously closed at $7.29. Orkla […]

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Short Interest in Orkla ASA (OTCMKTS:ORKLY) Decreases By 68.7%

Orkla ASA (OTCMKTS:ORKLY – Get Rating) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 30,200 shares, a drop of 68.7% from the April 15th total of 96,400 shares. Based on an average daily volume of 59,700 shares, the days-to-cover ratio is currently […]

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Head-To-Head Analysis: Orkla ASA (OTCMKTS:ORKLY) & Red Eléctrica Corporación (OTCMKTS:RDEIY)

Orkla ASA (OTCMKTS:ORKLY – Get Rating) and Red Eléctrica Corporación (OTCMKTS:RDEIY – Get Rating) are both mid-cap multi-sector conglomerates companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, earnings, valuation, risk, profitability and dividends. Volatility and Risk Orkla ASA has a […]

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