Storebrand ASA (OTCMKTS:SREDF) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Storebrand ASA (OTCMKTS:SREDFGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $17.15 and traded as high as $19.00. Storebrand ASA shares last traded at $18.44, with a volume of 250 shares.

Storebrand ASA Trading Down 0.9%

The firm’s fifty day moving average is $17.15 and its 200-day moving average is $15.89.

About Storebrand ASA

(Get Free Report)

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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