Nexans (OTCMKTS:NXPRF) Trading Down 6.8% – Here’s What Happened

Nexans S.A. (OTCMKTS:NXPRFGet Free Report)’s share price traded down 6.8% during trading on Tuesday . The company traded as low as $104.86 and last traded at $104.86. 510 shares were traded during trading, an increase of 22% from the average session volume of 418 shares. The stock had previously closed at $112.48.

Nexans Price Performance

The firm has a 50-day moving average price of $116.90 and a two-hundred day moving average price of $125.33.

About Nexans

(Get Free Report)

Nexans SA manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities segments. The company offers cables for the energy distribution networks, as well as equipment cables for buildings.

Read More

Receive News & Ratings for Nexans Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexans and related companies with MarketBeat.com's FREE daily email newsletter.