Elkem ASA (OTCMKTS:ELKEF – Get Free Report) shares rose 20.3% during mid-day trading on Monday . The company traded as high as $2.85 and last traded at $2.85. Approximately 250 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 1,100 shares. The stock had previously closed at $2.37.
Elkem ASA Trading Up 20.3%
The firm’s 50-day moving average is $2.60 and its 200-day moving average is $2.50.
About Elkem ASA
Elkem ASA is a Norway‐based company specializing in the production and development of advanced materials derived primarily from silicon, carbon, and microsilica. The company supplies a wide range of industries, including automotive, electronics, construction, energy, and environmental applications. Its product portfolio is designed to enhance material performance, energy efficiency, and sustainability across diverse end markets.
Key products and services offered by Elkem include silicones, which serve sectors such as personal care, automotive seals, and electronics encapsulation; silicon alloys such as ferrosilicon and silicon metal used in aluminum and steel production; and microsilica, a highly reactive silica fume used to improve concrete strength and durability.
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