Storebrand ASA (OTCMKTS:SREDF) Stock Price Up 17.7% – Should You Buy?

Storebrand ASA (OTCMKTS:SREDFGet Free Report)’s stock price shot up 17.7% during trading on Tuesday . The company traded as high as $16.07 and last traded at $16.07. 640 shares changed hands during trading, an increase of 88% from the average session volume of 340 shares. The stock had previously closed at $13.65.

Storebrand ASA Trading Up 17.7%

The company’s 50-day simple moving average is $15.35 and its two-hundred day simple moving average is $14.06.

Storebrand ASA Company Profile

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Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden. It operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.

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