Neste Oyj (OTCMKTS:NTOIF) Trading Down 3.1% – What’s Next?

Neste Oyj (OTCMKTS:NTOIF) shares were down 3.1% on Tuesday . The stock traded as low as $13.91 and last traded at $13.91. Approximately 1,252 shares traded hands during trading, a decline of 41% from the average daily volume of 2,116 shares. The stock had previously closed at $14.35.

Wall Street Analyst Weigh In

Separately, Morgan Stanley upgraded Neste Oyj from an “equal weight” rating to an “overweight” rating in a report on Thursday, August 29th.

Neste Oyj Stock Performance

The business’s 50 day simple moving average is $17.25 and its 200 day simple moving average is $19.40.

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.