SalMar ASA (OTCMKTS:SALRF) Trading 10.2% Higher – What’s Next?

SalMar ASA (OTCMKTS:SALRFGet Free Report) rose 10.2% during mid-day trading on Monday . The company traded as high as $48.48 and last traded at $48.48. Approximately 1,000 shares changed hands during trading, a decline of 20% from the average daily volume of 1,250 shares. The stock had previously closed at $44.00.

SalMar ASA Stock Up 10.2%

The company’s fifty day moving average price is $50.65 and its two-hundred day moving average price is $51.34.

SalMar ASA Company Profile

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SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities.

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