Aker Solutions ASA (OTCMKTS:AKRTF) Trading Up 1% – Here’s Why

Shares of Aker Solutions ASA (OTCMKTS:AKRTFGet Free Report) were up 1% on Friday . The stock traded as high as $3.08 and last traded at $3.08. Approximately 100 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 454 shares. The stock had previously closed at $3.05.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Danske raised Aker Solutions ASA to a “hold” rating in a research note on Tuesday, November 4th. Pareto Securities raised shares of Aker Solutions ASA from a “hold” rating to a “buy” rating in a report on Monday, October 20th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Aker Solutions ASA presently has an average rating of “Moderate Buy”.

View Our Latest Report on AKRTF

Aker Solutions ASA Stock Performance

The business’s 50 day moving average price is $2.90 and its two-hundred day moving average price is $2.91.

Aker Solutions ASA Company Profile

(Get Free Report)

Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry in Norway, the United States, Brazil, the United Kingdom, Malaysia, Angola, Brunei, Canada, India, and internationally. The company operates in two segments, Renewables and Field Development; and Life Cycle.

Further Reading

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