Neste Oyj (OTCMKTS:NTOIF) Shares Down 6.4%

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Neste Oyj (OTCMKTS:NTOIF) was down 6.4% during trading on Friday . The stock traded as low as $31.95 and last traded at $31.95, approximately 1,000 shares traded hands during mid-day trading. A decline of 38% from the average daily volume of 1,621 shares. The stock had previously closed at $34.13.

Several research analysts recently commented on NTOIF shares. Citigroup upgraded shares of Neste Oyj from a “neutral” rating to a “buy” rating in a report on Monday, June 10th. Societe Generale restated a “hold” rating on shares of Neste Oyj in a report on Monday, April 29th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Neste Oyj has an average rating of “Buy”.

The company’s fifty day moving average is $33.94 and its 200 day moving average is $52.90.

About Neste Oyj (OTCMKTS:NTOIF)

Neste Oyj provides renewable and oil products in Finland and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, renewable jet fuels and solutions, and renewable solvents, as well as raw material for bioplastics to retailers; wholesale customers, such as professional transportation companies and municipalities, fleets, and chemical industry producers; and brand owners and oil companies.

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