Atlantic Sapphire ASA (OTC:AASZF – Get Free Report)’s stock price dropped 7.5% during mid-day trading on Tuesday . The stock traded as low as C$0.11 and last traded at C$0.13. Approximately 26,300 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 43,016 shares. The stock had previously closed at C$0.14.
Atlantic Sapphire ASA Trading Down 7.5 %
The stock has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.13.
Atlantic Sapphire ASA shares are set to reverse split before the market opens on Friday, May 31st. The 1-10 reverse split was announced on Friday, May 31st. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 31st.
About Atlantic Sapphire ASA
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.
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