Atlantic Sapphire ASA (OTC:AASZF) Stock Price Down 16.9% – Here’s What Happened

Shares of Atlantic Sapphire ASA (OTC:AASZF – Get Free Report) fell 16.9% during trading on Wednesday . The company traded as low as C$0.35 and last traded at C$0.40. 3,922 shares traded hands during mid-day trading, an increase of 72% from the average session volume of 2,283 shares. The stock had previously closed at C$0.48.

Atlantic Sapphire ASA Stock Performance

The business’s 50 day simple moving average is C$0.87 and its two-hundred day simple moving average is C$0.32.

About Atlantic Sapphire ASA

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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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