AKVA Group traded at 127.00 this Thursday July 16th. Looking back, over the last four weeks, AKVA lost 5.39 percent. Over the last 12 months, its price rose by 33.68 percent. Looking ahead, we forecast AKVA Group to be priced at 123.72 by the end of this quarter and at 115.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
Akva Group ASA is a Norway-based company engaged in the development, manufacture, marketing and installation of equipment and technology used in the fish farming and aquaculture industries. It is divided into three business areas, namely Hardware, Software and Recirculation. The Hardware area comprises such products, as feed barges, fish-farming cages, centralized feed systems, sensors, cameras, biomass estimation systems, light systems and net cleaning systems, which are sold under such brand names, as Polarcirkel, Wavemaster and Akvasmarts. The Software area provides software solutions for fish farming and seafood industries, and its products are marketed under the Fishtalk brand name. The Recirculation area offers land-based systems for production of fresh water and seawater fish spices using recirculation technology. As of January 24, 2013, Egersund Group AS held 87.42% of the Company. In April 2014, it acquired YesMaritime AS.