Austevoll Seafood ASA (OTCMKTS:ASTVF) Trading Up 0.2% – Still a Buy?

Shares of Austevoll Seafood ASA (OTCMKTS:ASTVFGet Free Report) shot up 0.2% during trading on Thursday . The company traded as high as $9.75 and last traded at $9.75. 200 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 915 shares. The stock had previously closed at $9.73.

Austevoll Seafood ASA Price Performance

The firm’s 50 day moving average price is $9.26 and its 200-day moving average price is $9.23.

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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