Neste OYJ (OTCMKTS:NTOIY) Sets New 1-Year High – Here’s Why

Shares of Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $10.56 and last traded at $10.56, with a volume of 4265 shares changing hands. The stock had previously closed at $9.83.

Analyst Upgrades and Downgrades

NTOIY has been the subject of several recent research reports. The Goldman Sachs Group cut Neste OYJ from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 17th. Zacks Research upgraded Neste OYJ to a “hold” rating in a research report on Tuesday, August 12th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Neste OYJ Stock Performance

The company has a 50-day moving average of $9.51 and a 200 day moving average of $7.35.

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.