Tomra Systems ASA (OTCMKTS:TMRAY) Trading Down 0.7% – Should You Sell?

Tomra Systems ASA (OTCMKTS:TMRAYGet Free Report) shares traded down 0.7% during mid-day trading on Friday . The stock traded as low as $14.87 and last traded at $14.96. 16,925 shares were traded during trading, an increase of 354% from the average session volume of 3,726 shares. The stock had previously closed at $15.07.

Analysts Set New Price Targets

Separately, Kepler Capital Markets upgraded shares of Tomra Systems ASA from a “hold” rating to a “strong-buy” rating in a report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Get Our Latest Stock Analysis on Tomra Systems ASA

Tomra Systems ASA Trading Down 0.7%

The company’s fifty day simple moving average is $14.93 and its two-hundred day simple moving average is $14.99.

About Tomra Systems ASA

(Get Free Report)

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

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