Neste OYJ (OTCMKTS:NTOIY) Shares Gap Up – Here’s Why

by · The Cerbat Gem

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $9.8930, but opened at $10.33. Neste OYJ shares last traded at $10.12, with a volume of 1,261 shares trading hands.

Analyst Ratings Changes

NTOIY has been the topic of a number of recent analyst reports. BNP Paribas raised Neste OYJ to a “hold” rating in a research note on Thursday, October 30th. Zacks Research raised shares of Neste OYJ to a “hold” rating in a report on Tuesday, August 12th. UBS Group upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 26th. Finally, The Goldman Sachs Group lowered shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 17th. 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 stock has a consensus rating of “Moderate Buy”.

Read Our Latest Report on Neste OYJ

Neste OYJ Trading Up 6.2%

The company has a fifty day simple moving average of $9.93 and a two-hundred day simple moving average of $8.48.

About Neste OYJ

(Get Free Report)

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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