Neste Oyj (OTCMKTS:NTOIF) shot up 1.2% during trading on Wednesday . The stock traded as high as $41.43 and last traded at $40.80, 1,231 shares traded hands during mid-day trading. A decline of 15% from the average session volume of 1,452 shares. The stock had previously closed at $40.30.
Separately, UBS Group raised Neste Oyj from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 14th.
The business’s 50 day simple moving average is $39.20 and its 200 day simple moving average is $34.62.
Neste Oyj provides renewable and oil products 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, renewable jet fuels and solutions, and renewable solvents, as well as raw material for bioplastics to retailers; wholesale customers, such as professional transportation companies and municipalities, fleets, and chemical industry producers; and brand owners and oil companies.
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