NESTE OYJ/ADR (OTCMKTS:NTOIY) was downgraded by analysts at Nordea Equity Research from a “hold” rating to a “sell” rating in a research report issued on Friday, January 17th, The Fly reports.
Separately, UBS Group raised NESTE OYJ/ADR from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 14th.
NTOIY stock traded up $1.37 during midday trading on Friday, hitting $21.50. 48,336 shares of the company’s stock were exchanged, compared to its average volume of 17,817. The business has a 50-day simple moving average of $18.27 and a two-hundred day simple moving average of $16.99. NESTE OYJ/ADR has a 1-year low of $15.30 and a 1-year high of $25.00.
About NESTE OYJ/ADR
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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