Gjensidige Forsikring ASA (OTCMKTS:GJNSY – Get Free Report) shares shot up 3.8% during trading on Tuesday. The company traded as high as $27.93 and last traded at $27.6548. 1,072 shares traded hands during trading, a decline of 23% from the average daily volume of 1,400 shares. The stock had previously closed at $26.65.
Gjensidige Forsikring ASA Price Performance
The firm’s 50-day simple moving average is $29.00 and its 200-day simple moving average is $28.10.
Gjensidige Forsikring ASA Company Profile
Gjensidige Forsikring ASA is a Norway-based insurance company and the principal operating entity of the Gjensidige group. The company provides property and casualty insurance, serving individual customers, businesses, and agricultural customers.
Its products and services include motor, home, travel, personal accident, health, liability, property, marine, and agricultural insurance. Gjensidige also offers related financial protection and insurance solutions for commercial and public-sector organizations.
The company has roots in Norway’s mutual insurance movement, with origins dating to the early 19th century.
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