Shares of Vår Energi AS (OTCMKTS:VARRY – Get Free Report) were down 1.5% on Tuesday . The company traded as low as $7.91 and last traded at $8.15. Approximately 41,392 shares traded hands during trading, an increase of 32% from the average daily volume of 31,339 shares. The stock had previously closed at $8.2750.
Vår Energi AS Stock Down 1.5%
The firm has a 50 day simple moving average of $7.16 and a 200-day simple moving average of $6.81.
About Vår Energi AS
Vår Energi AS is a Norway-based independent oil and gas exploration and production company listed on the OTC Markets (OTCMKTS: VARRY). Established in January 2018 through the merger of Eni Norge AS and Point Resources ASA, Vår Energi has rapidly become one of the largest operators on the Norwegian Continental Shelf. The company focuses on discovering, developing and producing hydrocarbons, with a portfolio that spans several prolific offshore fields.
The company’s operations are concentrated in the North Sea, the Norwegian Sea and the Barents Sea, where it holds interests in both operated and non-operated assets.
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