SalMar ASA (OTCMKTS:SALRF) Shares Down 9.9% – Should You Sell?

SalMar ASA (OTCMKTS:SALRFGet Free Report) shares dropped 9.9% during mid-day trading on Monday . The stock traded as low as $46.00 and last traded at $46.00. Approximately 200 shares were traded during trading, a decline of 90% from the average daily volume of 1,941 shares. The stock had previously closed at $51.06.

SalMar ASA Stock Performance

The business has a 50-day moving average price of $50.86 and a 200 day moving average price of $52.37.

SalMar ASA Company Profile

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SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming Central Norway, Fish Farming Northern Norway, Icelandic Salmon, Sales & Industry, and SalMar Aker Ocean segments. It is involved in the broodstock, harvesting, processing, and smolt production activities.

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