Shares of Norwegian Air Shuttle ASA (OTCMKTS:NWARF – Get Free Report) rose 10.7% during trading on Thursday. The stock traded as high as $1.1960 and last traded at $1.1960. Approximately 212 shares traded hands during trading, a decline of 95% from the average daily volume of 4,433 shares. The stock had previously closed at $1.08.
Norwegian Air Shuttle ASA Trading Up 10.7%
The stock’s fifty day moving average is $1.30 and its two-hundred day moving average is $1.43.
About Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA is a Norwegian low-cost airline headquartered at Fornebu near Oslo. Founded in 1993, the company operates scheduled passenger services under the Norwegian brand, offering domestic and international flights with an emphasis on affordable fares, efficient operations and a primarily Boeing 737 fleet.
Norwegian serves destinations across Norway, the Nordic countries and wider Europe, including routes to major cities and leisure markets around the Mediterranean. Its services include point-to-point air travel for both business and recreational passengers, with optional ancillary products such as baggage, seat selection and onboard purchases.
Following a period of financial restructuring, Norwegian refocused its operations on short-haul routes in the Nordic and European markets after discontinuing its long-haul activities.
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