Marine Harvest ASA (MHGVY) Rating Lowered to Underperform at BNP Paribas

BNP Paribas downgraded shares of Marine Harvest ASA (OTCMKTS:MHGVY) from a neutral rating to an underperform rating in a research report report published on Wednesday morning, Marketbeat Ratings reports.

Shares of Marine Harvest ASA (MHGVY) traded down $0.38 during trading on Wednesday, hitting $16.53. The stock had a trading volume of 503,007 shares, compared to its average volume of 67,043. The company has a quick ratio of 0.71, a current ratio of 2.71 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $8,290.00, a P/E ratio of 12.62 and a beta of 0.59. Marine Harvest ASA has a 12 month low of $15.01 and a 12 month high of $21.02.

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Marine Harvest ASA Company Profile

Marine Harvest ASA, a seafood company, produces and sells farmed salmon products worldwide. The company operates in here segments: Feed, Farming, and Sales and Marketing. It is involved in the fish feed production; and fish farming and processing activities. It offers whole gutted fish, Label Rouge salmon fish, salmon fish, white fish, and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos.

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