SalMar ASA (OTCMKTS:SALRF) Trading Up 17.5% – Still a Buy?

SalMar ASA (OTCMKTS:SALRFGet Free Report)’s share price was up 17.5% during trading on Monday . The company traded as high as $54.04 and last traded at $54.04. Approximately 1,000 shares traded hands during trading, an increase of 67% from the average daily volume of 600 shares. The stock had previously closed at $46.00.

SalMar ASA Stock Performance

The firm has a fifty day simple moving average of $49.82 and a two-hundred day simple moving average of $51.39.

About SalMar ASA

(Get Free Report)

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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