Amsc Asa (OTC:ASCJF) Trading Up 2.7%

Amsc Asa (OTC:ASCJFGet Rating)’s stock price was up 2.7% during trading on Friday . The company traded as high as C$3.85 and last traded at C$3.85. Approximately 1,704 shares were traded during trading, a decline of 15% from the average daily volume of 1,994 shares. The stock had previously closed at C$3.75.

Analysts Set New Price Targets

Separately, Pareto Securities upgraded Amsc Asa from a “hold” rating to a “buy” rating in a research report on Tuesday, January 31st.

Amsc Asa Stock Performance

The stock has a fifty day simple moving average of C$3.91.

About Amsc Asa

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AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. The company is involved in the purchase and bareboat chartering of product tankers, shuttle tankers, and other vessels to operators and end users in the Jones Act market. It operates a fleet of nine product tankers and one shuttle tanker.

Further Reading

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