Nifco Inc. (OTCMKTS:NIFCY – Get Free Report) shares shot up 19.8% during mid-day trading on Wednesday. The stock traded as high as $14.4930 and last traded at $14.4930. 1,000 shares changed hands during mid-day trading, an increase of 599% from the average session volume of 143 shares. The stock had previously closed at $12.10.
Nifco Stock Performance
The stock has a fifty day moving average of $13.28 and a 200-day moving average of $13.25.
Nifco Company Profile
Nifco Inc (OTCMKTS:NIFCY) is a Japan-based manufacturer of plastic components and functional parts, with a primary focus on the automotive industry. The company develops and produces plastic fasteners, clips, retainers, precision-molded components, fluid-control products, and other parts used in vehicle interiors, exteriors, engines, fuel systems, and other automotive applications.
Founded in 1967, Nifco has expanded from its original fastener business into a broader supplier of engineered plastic products.
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