Atea ASA (OTCMKTS:ATAZF) Shares Up 10% – Here’s What Happened

Shares of Atea ASA (OTCMKTS:ATAZF) shot up 10% during trading on Tuesday . The company traded as high as C$17.55 and last traded at C$17.55. 320 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 240 shares. The stock had previously closed at C$15.95.

Atea ASA Price Performance

The stock’s 50 day moving average price is C$15.52 and its 200 day moving average price is C$15.27.

Atea ASA Company Profile

Atea ASA provides IT infrastructure and related solutions for businesses and public sector organizations in the Nordic countries and Baltic regions. The company offers data center and networking solutions comprising of cloudtrack, continuity planning, backup service, managed data center, cloud intelligence service, and disaster recovery services. It is also involved in software licensing and cloud solutions. In addition, the company provides business intelligence, Internet of Things, artificial intelligence, and machine learning services.