Austevoll Seafood ASA (OTCMKTS:ASTVF) Trading Up 8.6% – Time to Buy?

Austevoll Seafood ASA (OTCMKTS:ASTVFGet Free Report)’s share price rose 8.6% during trading on Wednesday . The company traded as high as $8.8505 and last traded at $8.8505. 150 shares traded hands during trading, a decline of 72% from the average daily volume of 542 shares. The stock had previously closed at $8.15.

Wall Street Analyst Weigh In

Separately, Pareto Securities lowered Austevoll Seafood ASA to a “sell” rating in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

View Our Latest Stock Report on Austevoll Seafood ASA

Austevoll Seafood ASA Price Performance

The company has a 50 day simple moving average of $8.93 and a 200 day simple moving average of $9.72.

About Austevoll Seafood ASA

(Get Free Report)

Austevoll Seafood ASA is a Norway‐based integrated seafood company engaged in the harvesting, farming, processing and marketing of seafood products. Headquartered in Austevoll, the company operates across multiple segments, including pelagic fishing, whitefish capture, salmon farming and production of feed. Its portfolio spans fresh and frozen fish products, omega-3 oils, fishmeal, and value-added seafood items supplied to retail, foodservice and industrial customers.

In its pelagic division, Austevoll Seafood targets species such as herring, blue whiting and mackerel through a modern fleet of purse seiners and trawlers operating primarily in the Northeast Atlantic.

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