SalMar ASA (OTCMKTS:SALRF – Get Free Report) shares traded down 4.8% during mid-day trading on Thursday. The stock traded as low as $59.00 and last traded at $59.00. Approximately 2,000 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 3,700 shares. The stock had previously closed at $62.00.
SalMar ASA Price Performance
The business has a 50 day simple moving average of $58.20 and a 200 day simple moving average of $56.35.
SalMar ASA Company Profile
SalMar ASA is a Norwegian aquaculture company engaged primarily in the farming, processing and sale of Atlantic salmon. The company produces farmed salmon for domestic and international food markets and manages activities across the aquaculture value chain, including marine farming operations, harvesting and seafood processing.
Founded in 1991, SalMar began with a single salmon-farming license in Norway and has grown into one of the country’s major salmon producers. Its Norwegian operations are concentrated along the coast, including regions such as Møre og Romsdal, Trøndelag and Troms and Finnmark.
Further Reading
- Five stocks we like better than SalMar ASA
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for SalMar ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SalMar ASA and related companies with MarketBeat.com's FREE daily email newsletter.
