Storebrand ASA (OTCMKTS:SREDF – Get Free Report)’s stock price rose 13.6% on Monday . The stock traded as high as $20.9568 and last traded at $20.9568. 100 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 350 shares. The stock had previously closed at $18.45.
Storebrand ASA Stock Up 13.6%
The firm’s 50-day simple moving average is $18.97 and its 200 day simple moving average is $18.37.
Storebrand ASA Company Profile
Storebrand ASA is a leading Norwegian financial services group specializing in long-term savings and insurance solutions. Headquartered in Oslo, the company traces its roots to the 18th century and has grown into one of the foremost providers of life insurance, pensions, and health-related coverage in the Nordic region.
The company’s core activities encompass individual and corporate pension plans, life and non-life insurance products, and comprehensive health insurance services. Through its subsidiaries, Storebrand offers defined contribution and defined benefit schemes, personal pension savings accounts, and disability protection.
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