Neste OYJ (OTCMKTS:NTOIY) Stock Price Up 6.8% – Here’s What Happened
by Danessa Lincoln · The Markets DailyNeste OYJ – Unsponsored ADR (OTCMKTS:NTOIY – Get Free Report)’s share price shot up 6.8% during trading on Friday . The stock traded as high as $10.7536 and last traded at $10.7536. 4,797 shares changed hands during trading, a decline of 94% from the average session volume of 83,852 shares. The stock had previously closed at $10.07.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on NTOIY. Zacks Research raised shares of Neste OYJ to a “hold” rating in a research note on Tuesday, August 12th. UBS Group upgraded Neste OYJ from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 26th. The Goldman Sachs Group downgraded Neste OYJ from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 17th. Finally, BNP Paribas raised Neste OYJ to a “hold” rating in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
Read Our Latest Analysis on NTOIY
Neste OYJ Stock Performance
The business has a 50-day moving average price of $9.90 and a two-hundred day moving average price of $8.44.
About Neste OYJ
Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.
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