NGK Insulators (OTCMKTS:NGKIF) Stock Price Down 14.7% – Here’s Why

NGK Insulators, Ltd. (OTCMKTS:NGKIFGet Free Report) was down 14.7% on Tuesday . The company traded as low as $10.97 and last traded at $10.97. Approximately 100 shares traded hands during trading, a decline of 82% from the average daily volume of 557 shares. The stock had previously closed at $12.86.

NGK Insulators Stock Performance

The business has a 50-day moving average of $11.76 and a two-hundred day moving average of $12.33.

About NGK Insulators

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NGK Insulators, Ltd., together with its subsidiaries, manufactures and sells electric power related equipment in Japan, North America, Europe, Asia, and others. The company operates through Environment Business, Digital Society Business, and Energy & Industry Business segments. It offers energy storage systems, including NAS batteries; suspension, long rod, station post, hollow, and pin post insulators, as well as hardware for insulator assemblies, and power equipment comprising bushing; HONEYCERAM, a component for exhaust gas purification; diesel particulate filters that eliminates particulates in the exhaust gas emitted from diesel automobiles; and NOx sensors, which measures NOx concentration in motor vehicle exhaust gas.

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