Akastor ASA (OTCMKTS:AKRYY) Shares Down 13.4% – Should You Sell?

Akastor ASA (OTCMKTS:AKRYYGet Free Report)’s stock price was down 13.4% during mid-day trading on Tuesday . The stock traded as low as $5.74 and last traded at $5.74. Approximately 919 shares were traded during trading, a decline of 37% from the average daily volume of 1,457 shares. The stock had previously closed at $6.63.

Akastor ASA Trading Down 13.4%

The business’s fifty day simple moving average is $5.57 and its 200-day simple moving average is $6.09.

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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