Borregaard ASA (OTCMKTS:BRRDF – Get Free Report) rose 9.7% on Tuesday. The company traded as high as $15.5810 and last traded at $15.5810. Approximately 1,214 shares traded hands during trading, an increase of 452% from the average session volume of 220 shares. The stock had previously closed at $14.20.
Borregaard ASA Price Performance
The firm’s fifty day moving average price is $14.08 and its 200-day moving average price is $16.17.
About Borregaard ASA
Borregaard ASA is a Norway-based biorefinery company that develops and manufactures specialty products derived primarily from wood and other renewable raw materials. Its operations are centered on the integrated use of timber, allowing the company to produce multiple products from the same raw material while serving industrial and consumer markets.
The company’s portfolio includes lignin-based biopolymers used in construction materials, agriculture, animal feed, and other industrial applications; specialty cellulose for products such as food ingredients, pharmaceuticals, and technical materials; and bio-based vanillin used in food, beverages, and fragrances.
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