Vår Energi AS (OTCMKTS:VARRY) Trading Down 4% – Here’s Why

Vår Energi AS (OTCMKTS:VARRYGet Free Report)’s share price was down 4% during trading on Thursday . The stock traded as low as $5.01 and last traded at $5.01. Approximately 100 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 2,622 shares. The stock had previously closed at $5.22.

Vår Energi AS Stock Performance

The company has a 50-day moving average of $5.75 and a two-hundred day moving average of $6.19.

Vår Energi AS Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, February 24th were issued a $0.2156 dividend. The ex-dividend date of this dividend was Monday, February 24th.

About Vår Energi AS

(Get Free Report)

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.

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