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KS Invest AS Increases Stake in Andfjord Salmon Group

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KS Invest AS Increases Stake in Andfjord Salmon Group

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The latest update is out from Andfjord Salmon AS ( (DE:50R) ).

KS Invest AS, closely associated with board member Kim Strandenæs, has purchased an additional 10,000 shares of Andfjord Salmon Group AS at an average price of NOK 27.45. This transaction reflects continued confidence in the company’s innovative aquaculture operations, potentially strengthening its market position and signaling positive stakeholder engagement.

More about Andfjord Salmon AS

Located at Andøya on the Arctic Archipelago of Vesterålen, Norway, Andfjord Salmon is developing the world’s most sustainable and fish-friendly aquaculture facility of its kind. Through a proprietary flow-through system, Andfjord Salmon combines the best from ocean and land-based salmon farming. In its first production cycle, the company achieved an industry-leading survival rate of 97.5 percent, feed conversion ratio of 1.05, superior share of 91.1 percent, and required 1 kWh to produce one kilo of salmon.

YTD Price Performance: -32.44%

Average Trading Volume: 374,364

Current Market Cap: NOK2.65B

See more data about 50R stock on TipRanks’ Stock Analysis page.

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