Storebrand ASA (OTCMKTS:SREDY – Get Free Report) shares dropped 6% on Wednesday. The stock traded as low as $40.81 and last traded at $40.81. 157 shares traded hands during trading, a decline of 37% from the average daily volume of 251 shares. The stock had previously closed at $43.42.
Storebrand ASA Price Performance
The company has a 50-day moving average of $40.32 and a 200-day moving average of $34.71.
About Storebrand ASA
Storebrand ASA is a Norwegian financial services group that provides pensions, insurance, savings and investment products. The company serves individuals, employers and institutional customers, with offerings that include occupational pension plans, life insurance, personal savings solutions and asset management services.
Storebrand also provides banking and investment products for individuals, including savings and lending services. Through its asset management operations, the group manages capital for institutional and retail investors and incorporates sustainability considerations into its investment and business activities.
Founded in the 18th century, Storebrand is headquartered in Lysaker, Norway, and primarily serves customers in Norway and Sweden.
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