Aker BP ASA (OTCMKTS:AKRBF) Shares Down 5.8% – Here’s Why

Aker BP ASA (OTCMKTS:AKRBFGet Free Report) traded down 5.8% during trading on Monday . The stock traded as low as $20.00 and last traded at $20.32. 1,200 shares were traded during mid-day trading, a decline of 46% from the average session volume of 2,220 shares. The stock had previously closed at $21.57.

Aker BP ASA Trading Down 5.8 %

The business has a fifty day moving average price of $20.95 and a 200 day moving average price of $21.75.

About Aker BP ASA

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Aker BP ASA explores for, develops, and produces oil and gas on the Norwegian Continental Shelf. It operates Alvheim, Edvard Grieg, Ivar Aasen, Valhall, Skarv and Ula fields. The company was formerly known as Det norske oljeselskap ASA and changed its name to Aker BP ASA in October 2016. Aker BP ASA was founded in 2001 and is headquartered in Fornebu, Norway.

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