Nabtesco (OTCMKTS:NCTKY) Shares Down 1% – Here’s What Happened

Nabtesco Co. (OTCMKTS:NCTKYGet Free Report)’s share price was down 1% during mid-day trading on Monday . The stock traded as low as $8.61 and last traded at $8.61. Approximately 844 shares were traded during trading, a decline of 47% from the average daily volume of 1,600 shares. The stock had previously closed at $8.70.

Nabtesco Price Performance

The business has a 50 day moving average of $8.47 and a 200-day moving average of $8.71.

About Nabtesco

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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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