Austevoll Seafood ASA (OTCMKTS:ASTVF) Stock Price Down 4.5% – Time to Sell?

Austevoll Seafood ASA (OTCMKTS:ASTVF – Get Free Report)’s stock price fell 4.5% during mid-day trading on Tuesday. The company traded as low as $8.45 and last traded at $8.45. Approximately 147 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 546 shares. The stock had previously closed at $8.8460.

Analyst Upgrades and Downgrades

Separately, Pareto Securities downgraded shares of Austevoll Seafood ASA to a “sell” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Austevoll Seafood ASA presently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on Austevoll Seafood ASA

Austevoll Seafood ASA Stock Performance

The company has a 50-day moving average of $9.12 and a 200 day moving average of $9.31.

About Austevoll Seafood ASA

(Get Free Report)

Austevoll Seafood ASA is a Norway-based seafood group headquartered in Storebø, Austevoll. The company is involved in wild-catch fisheries, aquaculture, seafood processing and the production of fishmeal and fish oil. Its products include pelagic fish such as herring, mackerel and anchovy, farmed salmon and trout, and ingredients derived from fish for use in feed and other applications.

The company operates through businesses in several seafood-producing regions, including Norway, the United Kingdom, Peru and Chile.

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