Dnb Asa (OTCMKTS:DNBHF – Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $22.25 and traded as low as $21.26. Dnb Asa shares last traded at $22.25, with a volume of 900 shares trading hands.
Dnb Asa Stock Up 2.0%
The company’s 50 day moving average is $22.25 and its 200 day moving average is $22.25.
About Dnb Asa
DNB ASA is a Norwegian financial services group and one of the country’s largest banking organizations. Headquartered in Oslo, the company provides banking and financial services to individuals, businesses, institutions and public-sector customers.
Its offerings include personal and business banking, deposit and lending products, mortgages, payment and cash-management services, corporate finance, investment banking, securities services, asset management and insurance. DNB also supports customers with investment, savings, foreign-exchange and capital-markets services.
DNB traces its roots to Norwegian banking institutions established in the 19th century and adopted its current structure following the merger of Den norske Bank and Gjensidige NOR in 2003.
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