Norwegian Air Shuttle ASA (OTCMKTS:NWARF)’s share price shot up 6.1% during trading on Wednesday . The company traded as high as $4.51 and last traded at $4.51, 1,535 shares changed hands during mid-day trading. A decline of 39% from the average session volume of 2,506 shares. The stock had previously closed at $4.25.
Separately, HSBC upgraded shares of Norwegian Air Shuttle ASA from a “reduce” rating to a “buy” rating in a research report on Tuesday, December 10th.
The firm’s fifty day moving average is $4.32 and its 200 day moving average is $4.20.
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. As of December 31, 2018, the company operated a fleet of 195 owned and leased aircrafts in approximately 500 routes to 150 destinations across Europe into North Africa, the Middle East, North America, the Caribbean, South America, and South-East Asia.
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