Storebrand ASA (OTCMKTS:SREDF) Trading Up 2.6% – Here’s What Happened

Storebrand ASA (OTCMKTS:SREDFGet Free Report) traded up 2.6% during mid-day trading on Monday . The stock traded as high as $16.49 and last traded at $16.49. 640 shares were traded during mid-day trading, an increase of 88% from the average session volume of 340 shares. The stock had previously closed at $16.07.

Storebrand ASA Stock Up 2.6%

The company has a 50-day moving average price of $15.64 and a two-hundred day moving average price of $14.78.

Storebrand ASA Company Profile

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Storebrand ASA is a leading Norwegian financial services group specializing in long-term savings and insurance solutions. Headquartered in Oslo, the company traces its roots to the 18th century and has grown into one of the foremost providers of life insurance, pensions, and health-related coverage in the Nordic region.

The company’s core activities encompass individual and corporate pension plans, life and non-life insurance products, and comprehensive health insurance services. Through its subsidiaries, Storebrand offers defined contribution and defined benefit schemes, personal pension savings accounts, and disability protection.

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