Neste OYJ (OTCMKTS:NTOIY) Shares Gap Down – What’s Next?

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $11.20, but opened at $10.75. Neste OYJ shares last traded at $10.70, with a volume of 3,328 shares.

Analysts Set New Price Targets

NTOIY has been the topic of a number of research analyst reports. BNP Paribas raised Neste OYJ to a “hold” rating in a report on Thursday, October 30th. UBS Group upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 26th. Finally, The Goldman Sachs Group lowered Neste OYJ from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Neste OYJ Stock Performance

The company has a 50-day moving average of $10.05 and a 200-day moving average of $8.63.

Neste OYJ Company Profile

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.