Norwegian Air Shuttle ASA (OTCMKTS:NWARF) shares shot up 1.1% on Friday . The company traded as high as $0.26 and last traded at $0.26, 746,678 shares changed hands during trading. An increase of 35% from the average session volume of 552,975 shares. The stock had previously closed at $0.26.
Separately, Sanford C. Bernstein lowered Norwegian Air Shuttle ASA from a “market perform” rating to an “underperform” rating in a research note on Tuesday, April 14th.
The stock’s fifty day simple moving average is $0.30 and its 200-day simple moving average is $1.46.
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. As of December 31, 2018, the company operated a fleet of 195 owned and leased aircrafts in approximately 500 routes to 150 destinations across Europe into North Africa, the Middle East, North America, the Caribbean, South America, and South-East Asia.
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