Shares of Borregaard ASA (OTCMKTS:BRRDF – Get Free Report) rose 0.4% during trading on Thursday . The company traded as high as $15.5050 and last traded at $15.5050. Approximately 150 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 2,440 shares. The stock had previously closed at $15.4375.
Borregaard ASA Price Performance
The business has a 50 day moving average price of $18.95 and a 200 day moving average price of $19.16.
Borregaard ASA Company Profile
Borregaard ASA is a Norway-based advanced biorefinery company specializing in sustainable, wood-based solutions. Leveraging proprietary technologies, it produces a range of high-value products derived from lignocellulosic raw materials, including specialty cellulose, lignin derivatives, bioethanol, vanillin and fine chemicals. These offerings serve diverse industries such as construction, agriculture, personal care, food and pharmaceuticals, where they function as binders, dispersants, stabilizers and flavoring agents.
Founded in 1889 with the establishment of a pulp mill on the Glomma River in Sarpsborg, Borregaard has evolved from a traditional paper and pulp producer into a pioneer of bio-based materials.
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