Aker ASA (OTCMKTS:AKAAF) Stock Price Up 17.6% – Here’s Why

Aker ASA (OTCMKTS:AKAAF) shares shot up 17.6% on Friday . The stock traded as high as $96.80 and last traded at $96.80. 300 shares were traded during mid-day trading, an increase of 0% from the average session volume of 300 shares. The stock had previously closed at $82.30.

Aker ASA Stock Performance

The company has a 50 day moving average of $76.47 and a 200 day moving average of $76.30.

Aker ASA Company Profile

Aker ASA is a Norwegian industrial investment company that holds controlling and significant minority stakes in a diversified portfolio of businesses active across energy, maritime, marine biotechnology, digitalization and environmental technology. The company operates primarily through subsidiaries and associated entities, with a focus on developing and strengthening global value chains in both traditional energy markets and emerging sustainable solutions.

Key business activities include oil and gas exploration and production through Aker BP, engineering and technology services via Aker Solutions and Kværner, offshore energy developments with Aker Energy, and marine-sourced health ingredients through Aker BioMarine.