Akastor ASA (OTCMKTS:AKKVF) Shares Down 12% – Here’s What Happened

Shares of Akastor ASA (OTCMKTS:AKKVFGet Free Report) were down 12% during trading on Friday . The stock traded as low as $1.10 and last traded at $1.10. Approximately 800 shares changed hands during mid-day trading, an increase of 122% from the average daily volume of 360 shares. The stock had previously closed at $1.25.

Akastor ASA Trading Down 12.0 %

The firm’s fifty day simple moving average is $1.25 and its 200-day simple moving average is $1.28.

About Akastor ASA

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Akastor ASA operates as an oilfield services investment company in Norway and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides anchor handling, towing, and supply services to offshore oil and gas fields. In addition, the company offers a range of offshore drilling equipment products and packages.

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