Vår Energi AS (OTCMKTS:VARRY) Stock Price Up 6.3% – Should You Buy?

Vår Energi AS (OTCMKTS:VARRYGet Free Report) shares were up 6.3% during trading on Thursday . The stock traded as high as $10.90 and last traded at $10.90. Approximately 900 shares were traded during trading, a decline of 95% from the average daily volume of 18,058 shares. The stock had previously closed at $10.25.

Vår Energi AS Stock Performance

The company has a 50 day moving average of $9.51 and a two-hundred day moving average of $9.21.

About Vår Energi AS

(Get Free Report)

Vår Energi AS is a Norway-based independent oil and gas exploration and production company listed on the OTC Markets (OTCMKTS: VARRY). Established in January 2018 through the merger of Eni Norge AS and Point Resources ASA, Vår Energi has rapidly become one of the largest operators on the Norwegian Continental Shelf. The company focuses on discovering, developing and producing hydrocarbons, with a portfolio that spans several prolific offshore fields.

The company’s operations are concentrated in the North Sea, the Norwegian Sea and the Barents Sea, where it holds interests in both operated and non-operated assets.

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