Storebrand ASA (OTCMKTS:SREDF – Get Free Report)’s stock price shot up 18.7% during trading on Tuesday. The stock traded as high as $21.90 and last traded at $21.90. Approximately 100 shares were traded during trading, a decline of 71% from the average daily volume of 350 shares. The stock had previously closed at $18.45.
Storebrand ASA Stock Performance
The stock’s fifty day simple moving average is $20.99 and its two-hundred day simple moving average is $19.33.
About Storebrand ASA
Storebrand ASA is a Norwegian financial services group headquartered in Lysaker, Norway. The company provides savings, insurance and pension products to individuals, employers and institutional customers, with operations primarily in Norway and Sweden. Its business includes occupational pensions, retirement savings, life insurance, health-related insurance and investment products. Storebrand also offers banking services, including mortgages and other personal finance products, while its asset management operations serve both individual and institutional investors.
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