Shares of Storebrand ASA (OTCMKTS:SREDY – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $40.97 and traded as high as $44.19. Storebrand ASA shares last traded at $44.19, with a volume of 200 shares traded.
Storebrand ASA Trading Up 13.9%
The company’s fifty day simple moving average is $40.97 and its two-hundred day simple moving average is $35.11.
Storebrand ASA Company Profile
Storebrand ASA is a Norwegian financial services group that provides pension, insurance, savings and investment products to individuals, employers and institutional customers. Its offerings include occupational pensions, life insurance, employee benefits, personal savings solutions and investment services. The company operates primarily in Norway and Sweden. Through Storebrand Asset Management, it manages investments for retail and institutional clients, with an emphasis on responsible and sustainable investing.
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