Kongsberg Gruppen ASA (OTCMKTS:NSKFF – Get Free Report) shares traded up 1.7% on Wednesday . The stock traded as high as $33.37 and last traded at $33.07. 525 shares were traded during trading, a decline of 88% from the average session volume of 4,264 shares. The stock had previously closed at $32.53.
Analyst Upgrades and Downgrades
Separately, Nordea Equity Research raised shares of Kongsberg Gruppen ASA from a “hold” rating to a “buy” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on Kongsberg Gruppen ASA
Kongsberg Gruppen ASA Trading Down 3.4%
Kongsberg Gruppen ASA Company Profile
Kongsberg Gruppen ASA is a Norwegian technology and industrial group specializing in defense, maritime automation, and digitalization solutions. Established in 1814 as Kongsberg Weapons Factory, the company has evolved into a leading supplier of high-technology systems for military and commercial customers. Headquartered in Kongsberg, Norway, it operates through a network of subsidiaries and offices across Europe, North America, Asia and Australia.
In its defense and aerospace division, Kongsberg Gruppen designs and delivers advanced systems such as remote weapon stations, missile systems, command and control solutions, and sensor systems.
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