Tgs Asa (OTCMKTS:TGSNF) Trading Up 3.4% – Here’s Why

Shares of Tgs Asa (OTCMKTS:TGSNFGet Free Report) rose 3.4% during trading on Thursday . The company traded as high as $9.21 and last traded at $9.21. Approximately 987 shares changed hands during mid-day trading, an increase of 81% from the average daily volume of 544 shares. The stock had previously closed at $8.91.

Tgs Asa Stock Up 3.4%

The firm’s 50-day simple moving average is $9.09 and its 200 day simple moving average is $8.27.

Tgs Asa Company Profile

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TGS ASA is a global provider of geoscience data and intelligence, serving the oil and gas industry with a focus on multi-client subsurface information. Headquartered in Oslo, Norway, the company specializes in the acquisition, processing and interpretation of marine and onshore seismic data. Since its founding in 1981, TGS has built one of the industry’s largest multi-client libraries, covering key hydrocarbon basins around the world.

The company’s core services include 2D and 3D seismic surveys, electromagnetic (EM) studies, gravity and magnetic data, well logs and related geological and geophysical products.

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