Aker ASA (OTCMKTS:AKAAF) Trading 4.2% Higher – Here’s Why

Aker ASA (OTCMKTS:AKAAF)’s share price traded up 4.2% during mid-day trading on Wednesday . The stock traded as high as $47.75 and last traded at $47.75. 152 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 126 shares. The stock had previously closed at $45.81.

Aker ASA Stock Performance

The firm’s fifty day simple moving average is $48.88 and its 200 day simple moving average is $50.29.

Aker ASA Company Profile

Aker ASA operates as an industrial investment company in Norway, the European Union, North America, South America, Asia, and internationally. The company operates in two segments: Industrial Holdings and Financial Investments. It harvests, develops, markets, and sells krill-based ingredients and products, such as Superba Krill Oil, a phospholipid-based omega-3 dietary supplement, and Kori, an omega-3 supplement for consumers; QRILL Aqua, an ingredient for the aquaculture industry; and QRILL Pet, an omega-3 ingredient for pet food.