Tgs Asa (OTCMKTS:TGSNF) Stock Price Down 5.2% – Here’s Why

Tgs Asa (OTCMKTS:TGSNF – Get Free Report) shares fell 5.2% during mid-day trading on Thursday. The stock traded as low as $13.35 and last traded at $13.35. 300 shares were traded during mid-day trading, a decline of 66% from the average session volume of 890 shares. The stock had previously closed at $14.0750.

Tgs Asa Price Performance

The business has a 50 day simple moving average of $14.56 and a 200 day simple moving average of $13.90.

Tgs Asa Company Profile

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TGS ASA is a Norway-based geoscience data and energy-services company that provides subsurface information, seismic data and related analytical services to energy companies, investors and other organizations involved in natural-resource exploration and development.

The company’s offerings include multi-client geophysical surveys, seismic acquisition, data processing and imaging, geological interpretation, and access to extensive digital data libraries. TGS also provides software, mapping, well data and other products designed to support exploration, field development and subsurface evaluation.

Founded in 1981 and headquartered in Oslo, TGS has developed a globally distributed portfolio of geoscience data covering major offshore and onshore energy regions.

Further Reading

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