Tgs Asa (OTCMKTS:TGSNF) Trading Up 3% – Still a Buy?

Tgs Asa (OTCMKTS:TGSNFGet Free Report)’s share price shot up 3% during trading on Monday . The stock traded as high as $11.80 and last traded at $11.6315. 650 shares traded hands during trading, a decline of 34% from the average session volume of 985 shares. The stock had previously closed at $11.29.

Tgs Asa Stock Performance

The business’s 50-day simple moving average is $10.80 and its 200 day simple moving average is $9.29.

Tgs Asa Company Profile

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TGS ASA is a global provider of geoscience data and intelligence, serving the oil and gas industry with a focus on multi-client subsurface information. Headquartered in Oslo, Norway, the company specializes in the acquisition, processing and interpretation of marine and onshore seismic data. Since its founding in 1981, TGS has built one of the industry’s largest multi-client libraries, covering key hydrocarbon basins around the world.

The company’s core services include 2D and 3D seismic surveys, electromagnetic (EM) studies, gravity and magnetic data, well logs and related geological and geophysical products.

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