Orkla Asa Market Update
Orkla Asa, a Norwegian conglomerate listed on the Oslo Stock Exchange, has experienced fluctuations in its stock price over the past year. The company’s stock price has ranged from 7.21 NOK to 10.37 NOK, with a current price of 9.32 NOK.
Key Financial Metrics
- Price to earnings ratio: 17.71
- Price to book ratio: 2.28
These metrics suggest a moderate valuation of the company. The stock’s 52-week high and low indicate a range-bound trading pattern, with the current price situated near its midpoint.
Trading Activity
Recent data indicates significant fluctuations in short interest, suggesting volatile trading activity. Further analysis is required to determine the underlying drivers of this volatility.
Stock Price History
- 52-week high: 10.37 NOK
- 52-week low: 7.21 NOK
- Current price: 9.32 NOK