Network International (OTCMKTS:NWITY) Shares Down 2.5%

Network International Holdings plc (OTCMKTS:NWITY)’s stock price was down 2.5% on Tuesday . The company traded as low as $6.09 and last traded at $6.16. Approximately 92,727 shares traded hands during mid-day trading, an increase of 159% from the average daily volume of 35,783 shares. The stock had previously closed at $6.32.

A number of analysts have weighed in on NWITY shares. Berenberg Bank reiterated a “buy” rating on shares of Network International in a research report on Thursday, January 14th. Barclays cut Network International from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, March 16th.

The business has a 50-day simple moving average of $5.64 and a two-hundred day simple moving average of $4.38.

About Network International (OTCMKTS:NWITY)

Network International Holdings plc operates as a digital commerce enabler in the Middle East and Africa. The company provides technology-enabled payments solutions to merchants and financial institutions. It offers issuer solutions, including customer onboarding, card issuing, core processing, scheme and settlement reconciliation, and chargeback and dispute management service; and merchant solutions comprising payment acceptance products and solutions to merchants through direct merchant acquiring and acquirer processing solutions.

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