Nabtesco (OTCMKTS:NCTKY) Trading Up 3.9% – Still a Buy?

Nabtesco Co. (OTCMKTS:NCTKYGet Free Report)’s share price shot up 3.9% during trading on Thursday . The stock traded as high as $10.29 and last traded at $10.29. 340 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 770 shares. The stock had previously closed at $9.90.

Nabtesco Stock Performance

The company has a 50-day moving average of $8.57 and a two-hundred day moving average of $8.63.

Nabtesco Company Profile

(Get Free Report)

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.

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