Kongsberg Gruppen ASA (OTCMKTS:NSKFF) Trading Down 3% – What’s Next?

Kongsberg Gruppen ASA (OTCMKTS:NSKFF) traded down 3% on Monday . The stock traded as low as $146.10 and last traded at $146.11. 1,048 shares traded hands during mid-day trading, an increase of 20% from the average session volume of 873 shares. The stock had previously closed at $150.57.

Kongsberg Gruppen ASA Stock Down 3.0 %

The business has a 50 day simple moving average of $122.07 and a 200-day simple moving average of $112.02.

Kongsberg Gruppen ASA Company Profile

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels.