P/F Bakkafrost (OTCMKTS:BKFKF) Shares Climb 5.4% – Here’s What Happened

P/F Bakkafrost (OTCMKTS:BKFKF – Get Free Report)’s share price shot up 5.4% during trading on Tuesday. The company traded as high as $47.61 and last traded at $47.61. 300 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 206 shares. The stock had previously closed at $45.18.

P/F Bakkafrost Stock Performance

The stock’s 50-day moving average is $48.27 and its 200-day moving average is $46.34.

About P/F Bakkafrost

(Get Free Report)

P/F Bakkafrost is a vertically integrated salmon farming company headquartered in the Faroe Islands. The company produces Atlantic salmon through operations that span breeding, freshwater production, sea farming, harvesting, processing and sales.

Bakkafrost markets salmon products under the Bakkafrost brand and supplies fresh, chilled, frozen and value-added salmon products to customers in international markets. Its operations also include the production of fish feed and marine ingredients through its subsidiary Havsbrún, which processes fishmeal and fish oil for aquaculture and other uses.

The company serves customers in Europe, North America, Asia and other global markets.

Further Reading

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