Lerøy Seafood Group ASA (OTC:LYSFY) Downgraded by Nordea Equity Research to “Hold”

Nordea Equity Research lowered shares of Lerøy Seafood Group ASA (OTC:LYSFYGet Rating) from a buy rating to a hold rating in a research report report published on Tuesday, The Fly reports.

Lerøy Seafood Group ASA Price Performance

OTC:LYSFY opened at $10.48 on Tuesday. The firm has a 50-day moving average of $10.55 and a 200-day moving average of $10.52. Lerøy Seafood Group ASA has a one year low of $9.11 and a one year high of $13.95.

Lerøy Seafood Group ASA Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, June 16th. Shareholders of record on Thursday, May 25th will be paid a $0.3075 dividend. This represents a yield of 2.86%. The ex-dividend date is Wednesday, May 24th.

Lerøy Seafood Group ASA Company Profile

(Get Rating)

Lerøy Seafood Group ASA produces, processes, markets, sells, and distributes seafood products worldwide. It operates in three segments: Wildcatch; Farming; and Value-Added Processing, Sales and Distribution. The company offers smoked and gravad salmon, and trout products; farmed and wild catch whole fishes; fillets and portions; ready to eat and ready to cook products; fish blocks and cubes; breaded products; pre-fried fish burgers and patties; crustaceans and molluscs; seaweeds; and other products.

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