Tomra Systems ASA (OTCMKTS:TMRAY) Now Covered by Analysts at Morgan Stanley

Morgan Stanley started coverage on shares of Tomra Systems ASA (OTCMKTS:TMRAY) in a research report released on Tuesday, The Fly reports. The brokerage issued an equal weight rating on the stock.

Separately, Pareto Securities cut shares of Tomra Systems ASA from a hold rating to a sell rating in a research note on Monday, October 25th.

Tomra Systems ASA stock opened at $65.95 on Tuesday. The firm has a 50 day simple moving average of $60.88 and a 200-day simple moving average of $57.54. Tomra Systems ASA has a 1-year low of $41.00 and a 1-year high of $68.72.

About Tomra Systems ASA

Tomra Systems ASA engages in the provision of sensor-based solutions. It operates through the following segments: Collection Solutions, Recycling Mining, Food Solutions, and Group Functions. The company was founded by Petter Sverre Planke and Tore Planke on April 1, 1972 and is headquartered in Asker, Norway.

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