Lerøy Seafood Group ASA (OTC:LYSFY) Trading 2.6% Higher

Lerøy Seafood Group ASA (OTC:LYSFY) was up 2.6% during trading on Tuesday . The stock traded as high as $8.40 and last traded at $8.34. Approximately 1,460 shares were traded during mid-day trading, an increase of 244% from the average daily volume of 424 shares. The stock had previously closed at $8.13.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on LYSFY shares. Nordea Equity Research lowered Lerøy Seafood Group ASA from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. Handelsbanken lowered Lerøy Seafood Group ASA from an “outperform” rating to a “market perform” rating in a report on Thursday, August 17th.

Lerøy Seafood Group ASA Trading Up 2.6 %

The business has a 50-day simple moving average of $8.07 and a two-hundred day simple moving average of $9.30.

Lerøy Seafood Group ASA Company Profile

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.