Akastor ASA (OTCMKTS:AKRYY – Get Free Report) was up 14.1% during mid-day trading on Monday . The stock traded as high as $6.8450 and last traded at $6.8450. Approximately 137 shares traded hands during trading, a decline of 92% from the average daily volume of 1,696 shares. The stock had previously closed at $6.00.
Akastor ASA Price Performance
The company’s 50-day simple moving average is $6.04 and its two-hundred day simple moving average is $5.95.
Akastor ASA Company Profile
Akastor ASA is a Norway‐based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value‐creation strategy by acquiring and developing high‐quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.
The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions.
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