Shares of Kongsberg Gruppen ASA (OTCMKTS:NSKFF – Get Free Report) shot up 4.6% during mid-day trading on Monday . The stock traded as high as $70.75 and last traded at $70.75. 522 shares changed hands during trading, a decline of 48% from the average session volume of 996 shares. The stock had previously closed at $67.67.
Kongsberg Gruppen ASA Stock Performance
The company has a 50 day simple moving average of $65.39 and a 200-day simple moving average of $52.64.
Kongsberg Gruppen ASA Company Profile
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels.
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