New Zealand King Salmon (ASX:NZK) Trading Up 5%

New Zealand King Salmon Co Ltd (ASX:NZK)’s share price was up 5% during trading on Tuesday . The company traded as high as A$2.10 ($1.49) and last traded at A$2.10 ($1.49), approximately 12,367 shares changed hands during mid-day trading. The stock had previously closed at A$2.00 ($1.42).

The company has a quick ratio of 0.73, a current ratio of 3.84 and a debt-to-equity ratio of 10.17. The stock has a 50 day moving average of A$1.86. The company has a market capitalization of $291.00 million and a price-to-earnings ratio of 25.61.

New Zealand King Salmon Company Profile (ASX:NZK)

New Zealand King Salmon Investments Limited engages in farming, processing, and selling premium salmon products. It operates through three segments: New Zealand Retail, New Zealand Foodservice, and Export. It offers whole fresh fish, pre-cut fillets, portions, and wood roasted and cold smoked products.

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