Nexi (OTCMKTS:NEXXY) Trading Down 2.1% – Time to Sell?

Nexi S.p.A. (OTCMKTS:NEXXYGet Free Report) traded down 2.1% during mid-day trading on Monday . The stock traded as low as $4.25 and last traded at $4.66. 7,732 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 11,789 shares. The stock had previously closed at $4.76.

Nexi Stock Performance

The stock has a 50-day moving average of $5.65 and a 200-day moving average of $6.11.

About Nexi

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Nexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy. The company offers acquiring services; configuration, activation, and maintenance of POS terminals; fraud prevention; and dispute management services, as well as customer support services.

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