Austevoll Seafood ASA (OTCMKTS:ASTVF) Stock Falls 4.5% – Here’s Why

Austevoll Seafood ASA (OTCMKTS:ASTVF – Get Free Report)’s share price was down 4.5% during mid-day trading 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.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on ASTVF

Austevoll Seafood ASA Stock Down 4.5%

The firm has a 50 day moving average price of $9.12 and a 200 day moving average price of $9.31.

About Austevoll Seafood ASA

(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.

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