Tgs Asa (OTCMKTS:TGSNF) Stock Jumps 9.2% – Still a Buy?

Tgs Asa (OTCMKTS:TGSNF – Get Free Report)’s share price traded up 9.2% during mid-day trading on Thursday. The company traded as high as $15.8850 and last traded at $15.8850. 450 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 931 shares. The stock had previously closed at $14.55.

Tgs Asa Price Performance

The business’s 50-day moving average price is $14.49 and its 200 day moving average price is $14.46.

Tgs Asa Company Profile

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TGS ASA is a Norway-based provider of geoscience and subsurface data services for the global energy industry. The company helps customers evaluate, develop and manage oil and gas resources by supplying geological, geophysical and seismic information, as well as related interpretation and consulting services.

Its offerings include multi-client seismic surveys, subsurface imaging, well data, interpretation products and digital data-management solutions. TGS also provides software and cloud-based platforms that enable customers to access, analyze and integrate geoscience data for exploration and production activities.

The company serves energy customers across major exploration regions worldwide, including offshore and onshore markets.

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