Borregaard ASA (BRRDF) Set to Announce Quarterly Earnings on Wednesday

by · The Cerbat Gem

Borregaard ASA (OTCMKTS:BRRDF – Get Free Report) is anticipated to issue its results before the market opens on Wednesday, October 28th. Analysts expect Borregaard ASA to announce earnings of $0.2237 per share and revenue of $203.71 million for the quarter.

Borregaard ASA Stock Performance

Shares of BRRDF opened at $15.58 on Monday. Borregaard ASA has a 1-year low of $13.60 and a 1-year high of $16.05. The company’s fifty day simple moving average is $14.48 and its 200 day simple moving average is $15.84.

About Borregaard ASA

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Borregaard ASA is a Norway-based biorefinery company that develops and manufactures specialty products from renewable wood-based raw materials. Its operations are centered on using the components of timber to produce alternatives to fossil-based chemicals and materials.

The company’s products include biopolymers and lignin-based solutions used in construction materials, agriculture, animal feed, and other industrial applications. Borregaard also produces specialty cellulose for pharmaceutical, food, and technical uses, as well as bioethanol, yeast products, and other biochemicals.

Founded in 1889, Borregaard is headquartered in Sarpsborg, Norway.

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