Atlantic Sapphire ASA (OTC:AASZF) Stock Price Down 32% – Here’s Why

Shares of Atlantic Sapphire ASA (OTC:AASZFGet Free Report) dropped 32% on Tuesday . The stock traded as low as C$0.34 and last traded at C$0.34. Approximately 1,210 shares traded hands during trading, a decline of 49% from the average daily volume of 2,366 shares. The stock had previously closed at C$0.50.

Atlantic Sapphire ASA Stock Performance

The business has a 50-day moving average price of C$0.72 and a 200-day moving average price of C$0.27.

About Atlantic Sapphire ASA

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Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. It operates through two segments, Fish Farming (Denmark); and Fish Farming (US). The company is involved in the production and sale of salmon. It operates in the United States, Denmark, and internationally.

Further Reading

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