Vår Energi AS (OTCMKTS:VARRY) Trading Up 6% – Time to Buy?

Vår Energi AS (OTCMKTS:VARRYGet Free Report) shares were up 6% on Friday . The company traded as high as $6.35 and last traded at $6.35. Approximately 4,075 shares changed hands during mid-day trading, an increase of 67% from the average daily volume of 2,441 shares. The stock had previously closed at $5.99.

Vår Energi AS Stock Performance

The business has a 50 day simple moving average of $6.27 and a 200-day simple moving average of $6.40.

Vår Energi AS Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 20th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2161 per share. The ex-dividend date was Friday, November 1st. This is a boost from Vår Energi AS’s previous dividend of $0.12.

About Vår Energi AS

(Get Free Report)

Vår Energi AS operates as an independent upstream oil and gas company on the Norwegian continental shelf in Norway. It produces crude oil, liquified natural gas, and natural gas liquids. The company was formerly known as Eni Norge AS and changed its name to Vår Energi AS in December 2018. The company was incorporated in 1965 and is headquartered in Sandnes, Norway.

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