Norwegian Air Shuttle ASA (OTCMKTS:NWARF – Get Free Report) shares were up 0.6% during trading on Wednesday . The company traded as high as $1.70 and last traded at $1.59. Approximately 1,397 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 5,051 shares. The stock had previously closed at $1.58.
Wall Street Analyst Weigh In
Separately, Pareto Securities upgraded Norwegian Air Shuttle ASA to a “buy” rating in a report on Thursday, April 16th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Report on Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA Stock Up 0.6%
About Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA (OTCMKTS:NWARF) is a low-cost airline headquartered near Oslo, Norway. Established in 1993 as an air taxi and charter operator, the company transitioned to a budget carrier model in the early 2000s. Today, Norwegian Air Shuttle is one of the largest airlines in the Nordic region, offering scheduled passenger services that compete on price and efficiency with legacy carriers across Europe.
The airline’s core business centers on short-haul and medium-haul flights, operating a homogeneous fleet of Boeing 737 aircraft designed to optimize turnaround times and minimize operating costs.
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