Akastor ASA (OTCMKTS:AKKVF – Get Free Report) was down 2.8% during trading on Wednesday . The stock traded as low as $1.75 and last traded at $1.75. Approximately 9,932 shares traded hands during trading, an increase of 57% from the average daily volume of 6,315 shares. The stock had previously closed at $1.80.
Akastor ASA Stock Performance
The firm’s 50-day simple moving average is $1.52 and its 200 day simple moving average is $1.09.
About Akastor ASA
Akastor ASA is an Oslo-based industrial investment company dedicated to the offshore energy sector, with a primary focus on oilfield services. Formed in 2014 as a spin-off from Aker Solutions, the company seeks to build and support businesses that deliver critical services to upstream oil and gas operators around the world.
At the core of Akastor’s portfolio is its drilling services arm, which provides drilling rigs, downhole tools and campaign management through its subsidiary Archer.
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