Vår Energi AS (OTCMKTS:VARRY) Trading 1.4% Higher – Time to Buy?

Vår Energi AS (OTCMKTS:VARRYGet Free Report)’s stock price traded up 1.4% during trading on Friday . The company traded as high as $7.2609 and last traded at $7.20. 4,936 shares were traded during mid-day trading, a decline of 85% from the average session volume of 32,868 shares. The stock had previously closed at $7.10.

Vår Energi AS Trading Up 1.4%

The company’s 50-day moving average price is $6.75 and its two-hundred day moving average price is $6.73.

About Vår Energi AS

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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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