Nabtesco (OTCMKTS:NCTKY) Shares Down 5.1% – Should You Sell?

Nabtesco Co. (OTCMKTS:NCTKYGet Free Report) fell 5.1% during mid-day trading on Tuesday . The stock traded as low as $7.96 and last traded at $7.96. 105 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 1,486 shares. The stock had previously closed at $8.39.

Nabtesco Price Performance

The firm has a 50-day moving average of $8.44 and a 200-day moving average of $8.62.

Nabtesco Company Profile

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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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