Cadeler A/S (OTCMKTS:CADLF – Get Free Report) traded down 4.8% during mid-day trading on Thursday. The stock traded as low as $5.90 and last traded at $5.90. Approximately 3,388 shares traded hands during trading, an increase of 323% from the average session volume of 800 shares. The stock had previously closed at $6.20.
Cadeler A/S Stock Performance
The firm’s 50 day simple moving average is $6.11 and its 200-day simple moving average is $6.09.
Cadeler A/S Company Profile
Cadeler A/S is a Denmark-based provider of marine services for the offshore wind industry. The company owns and operates specialized jack-up installation vessels used to transport and install offshore wind turbine components, foundations and other large structures. Its services support the construction and development of offshore wind farms in challenging marine environments.
Cadeler’s activities include offshore transportation, turbine and foundation installation, and related project and marine services.
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