Austevoll Seafood ASA (OTCMKTS:ASTVF) Stock Price Down 4.5% – Should You Sell?

Austevoll Seafood ASA (OTCMKTS:ASTVF – Get Free Report) was down 4.5% on Tuesday. The stock traded as low as $8.45 and last traded at $8.45. Approximately 147 shares traded hands during trading, a decline of 73% from the average daily volume of 546 shares. The stock had previously closed at $8.8460.

Wall Street Analysts Forecast Growth

Separately, Pareto Securities lowered Austevoll Seafood ASA to a “sell” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Austevoll Seafood ASA presently has a consensus rating of “Sell”.

Get Our Latest Analysis on Austevoll Seafood ASA

Austevoll Seafood ASA Price Performance

The business’s fifty day moving average is $9.12 and its 200-day moving average is $9.30.

Austevoll Seafood ASA Company Profile

(Get Free Report)

Austevoll Seafood ASA is a Norway-based seafood group headquartered in Storebø, Austevoll. The company is involved in wild-catch fisheries, aquaculture, seafood processing and the production of fishmeal and fish oil. Its products include pelagic fish such as herring, mackerel and anchovy, farmed salmon and trout, and ingredients derived from fish for use in feed and other applications.

The company operates through businesses in several seafood-producing regions, including Norway, the United Kingdom, Peru and Chile.

Further Reading

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