Austevoll Seafood ASA (OTCMKTS:ASTVF) Shares Down 7.9% – Here’s What Happened

Austevoll Seafood ASA (OTCMKTS:ASTVFGet Free Report) was down 7.9% during trading on Friday . The company traded as low as $8.2286 and last traded at $8.2286. Approximately 50 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 450 shares. The stock had previously closed at $8.93.

Austevoll Seafood ASA Price Performance

The stock has a 50 day moving average of $9.77 and a 200 day moving average of $9.81.

Austevoll Seafood ASA Company Profile

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Austevoll Seafood ASA is a Norway‐based integrated seafood company engaged in the harvesting, farming, processing and marketing of seafood products. Headquartered in Austevoll, the company operates across multiple segments, including pelagic fishing, whitefish capture, salmon farming and production of feed. Its portfolio spans fresh and frozen fish products, omega-3 oils, fishmeal, and value-added seafood items supplied to retail, foodservice and industrial customers.

In its pelagic division, Austevoll Seafood targets species such as herring, blue whiting and mackerel through a modern fleet of purse seiners and trawlers operating primarily in the Northeast Atlantic.

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