Akastor ASA (OTCMKTS:AKKVF) Stock Price Down 4% – Here’s Why

Akastor ASA (OTCMKTS:AKKVFGet Free Report) was down 4% during trading on Friday . The stock traded as low as $1.20 and last traded at $1.20. Approximately 400 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 360 shares. The stock had previously closed at $1.25.

Akastor ASA Price Performance

The company’s fifty day moving average is $1.10 and its 200 day moving average is $1.14.

About Akastor ASA

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Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides anchor handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages.

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