Storebrand ASA (OTCMKTS:SREDY – Get Free Report)’s share price rose 34% during mid-day trading on Thursday . The company traded as high as $43.42 and last traded at $43.42. Approximately 115 shares changed hands during trading, an increase of 15% from the average daily volume of 100 shares. The stock had previously closed at $32.40.
Storebrand ASA Stock Performance
The stock has a fifty day moving average price of $32.13 and a two-hundred day moving average price of $31.82.
About Storebrand ASA
Storebrand ASA is a leading Nordic financial services group specializing in long-term savings and insurance solutions. The company’s core activities include life insurance, pension products, asset management and banking services. Through its integrated platform, Storebrand offers tailored savings plans for individuals and businesses, drawing on a broad range of mutual funds, equity and fixed-income investments, as well as traditional insurance policies.
Within its insurance segment, Storebrand provides both individual and collective pension schemes, disability coverage and endowment policies.
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