Nabtesco (OTCMKTS:NCTKY) Shares Up 3.9% – Here’s Why

Nabtesco Co. (OTCMKTS:NCTKYGet Free Report) shares traded up 3.9% during trading on Thursday . The company traded as high as $10.29 and last traded at $10.29. 340 shares were traded during trading, a decline of 56% from the average session volume of 770 shares. The stock had previously closed at $9.90.

Nabtesco Price Performance

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

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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