Scatec ASA (OTCMKTS:STECF – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.65 and traded as low as $9.53. Scatec ASA shares last traded at $9.53, with a volume of 8,795 shares.
Scatec ASA Price Performance
The company has a 50 day moving average of $8.97 and a 200-day moving average of $11.64.
About Scatec ASA
Scatec ASA is a Norwegian renewable energy company that develops, constructs, owns and operates utility-scale renewable energy projects. The company’s activities include solar photovoltaic, onshore wind and hydropower generation, as well as energy storage solutions. Scatec typically participates across the project life cycle, from early-stage development and financing through construction, operations and asset management. Its projects supply electricity to utilities, governments, businesses and other energy customers through long-term power purchase agreements and related arrangements.
Further Reading
- Five stocks we like better than Scatec ASA
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Receive News & Ratings for Scatec ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scatec ASA and related companies with MarketBeat.com's FREE daily email newsletter.
