Kongsberg Gruppen ASA (OTCMKTS:NSKFF – Get Free Report) shares traded up 4.5% during trading on Tuesday . The stock traded as high as $43.00 and last traded at $43.00. 220 shares were traded during mid-day trading, a decline of 37% from the average session volume of 351 shares. The stock had previously closed at $41.16.
Analyst Ratings Changes
Several analysts have commented on the company. DNB Markets assumed coverage on Kongsberg Gruppen ASA in a report on Thursday, June 8th. They issued a “buy” rating on the stock. Pareto Securities raised Kongsberg Gruppen ASA from a “hold” rating to a “buy” rating in a research note on Monday, June 19th.
Kongsberg Gruppen ASA Price Performance
Kongsberg Gruppen ASA Company Profile
Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels.
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