Storebrand ASA (OTCMKTS:SREDF) Shares Up 2.6% – Time to Buy?

Storebrand ASA (OTCMKTS:SREDFGet Free Report) was up 2.6% on Monday . The stock traded as high as $16.49 and last traded at $16.49. Approximately 640 shares traded hands during mid-day trading, an increase of 88% from the average daily volume of 340 shares. The stock had previously closed at $16.07.

Storebrand ASA Price Performance

The company’s fifty day moving average is $15.64 and its 200 day moving average is $14.78.

Storebrand ASA Company Profile

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Storebrand ASA is a leading Norwegian financial services group specializing in long-term savings and insurance solutions. Headquartered in Oslo, the company traces its roots to the 18th century and has grown into one of the foremost providers of life insurance, pensions, and health-related coverage in the Nordic region.

The company’s core activities encompass individual and corporate pension plans, life and non-life insurance products, and comprehensive health insurance services. Through its subsidiaries, Storebrand offers defined contribution and defined benefit schemes, personal pension savings accounts, and disability protection.

Further Reading

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