Tomra Systems ASA (OTCMKTS:TMRAY) Stock Price Up 2%

Tomra Systems ASA (OTCMKTS:TMRAY – Get Rating) rose 2% during mid-day trading on Wednesday . The stock traded as high as $19.19 and last traded at $19.19. Approximately 138 shares traded hands during trading, a decline of 89% from the average daily volume of 1,258 shares. The stock had previously closed at $18.80.

Wall Street Analysts Forecast Growth

TMRAY has been the topic of several recent research reports. Pareto Securities upgraded shares of Tomra Systems ASA from a “sell” rating to a “hold” rating in a research report on Monday, October 24th. Morgan Stanley cut their price objective on Tomra Systems ASA from 225.00 to 203.00 and set an “equal weight” rating for the company in a research note on Monday, October 24th.

Tomra Systems ASA Stock Performance

The company’s 50-day moving average price is $18.31 and its 200 day moving average price is $19.35.

Tomra Systems ASA Company Profile

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Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three divisions: Collection, Recycling Mining, and Food. The Collection division engages in the development, production, sale, and service of reverse vending machines and related data management systems.