Shares of Storebrand ASA (OTCMKTS:SREDY – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $40.97 and traded as high as $44.19. Storebrand ASA shares last traded at $44.19, with a volume of 200 shares changing hands.
Storebrand ASA Price Performance
The stock’s 50-day moving average price is $40.99 and its 200-day moving average price is $35.23.
About Storebrand ASA
Storebrand ASA is a Norwegian financial services group that provides pension, insurance, savings and investment products to individuals, employers and institutional customers. Its offerings include occupational pensions, life insurance, employee benefits, personal savings solutions and investment services. The company operates primarily in Norway and Sweden. Through Storebrand Asset Management, it manages investments for retail and institutional clients, with an emphasis on responsible and sustainable investing.
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