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

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

Vår Energi AS Price Performance

The company’s 50 day moving average is $6.27 and its 200 day moving average is $6.40.

Vår Energi AS Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, November 20th. Stockholders of record on Friday, November 1st were paid a $0.2161 dividend. The ex-dividend date was Friday, November 1st. This is an increase 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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