Scatec ASA (OTCMKTS:STECF) Trading Down 26%

Scatec ASA (OTCMKTS:STECFGet Free Report) shares were down 26% during mid-day trading on Monday . The company traded as low as $5.88 and last traded at $5.88. Approximately 100 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 633 shares. The stock had previously closed at $7.95.

Scatec ASA Price Performance

The business has a 50-day simple moving average of $8.47 and a two-hundred day simple moving average of $11.61.

About Scatec ASA

(Get Free Report)

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants.

Further Reading

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