Akastor ASA (OTCMKTS:AKKVF – Get Free Report) shares rose 5.3% during trading on Thursday . The company traded as high as $1.38 and last traded at $1.38. Approximately 100 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 6,485 shares. The stock had previously closed at $1.31.
Akastor ASA Price Performance
The firm has a 50 day moving average price of $1.48 and a 200 day moving average price of $1.30.
About Akastor ASA
Akastor ASA is an Oslo-based industrial investment company dedicated to the offshore energy sector, with a primary focus on oilfield services. Formed in 2014 as a spin-off from Aker Solutions, the company seeks to build and support businesses that deliver critical services to upstream oil and gas operators around the world.
At the core of Akastor’s portfolio is its drilling services arm, which provides drilling rigs, downhole tools and campaign management through its subsidiary Archer.
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