Neste Oyj (OTCMKTS:NTOIF) Stock Price Up 3% – Here’s Why

Neste Oyj (OTCMKTS:NTOIFGet Free Report)’s stock price traded up 3% on Wednesday . The stock traded as high as $33.21 and last traded at $33.21. 1,250 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 3,575 shares. The stock had previously closed at $32.23.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Barclays raised Neste Oyj from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 17th. Royal Bank Of Canada raised Neste Oyj from a “sector perform” rating to an “outperform” rating in a report on Thursday, March 12th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on NTOIF

Neste Oyj Trading Up 3.0%

The firm has a 50-day moving average price of $31.13 and a 200 day moving average price of $25.60.

Neste Oyj Company Profile

(Get Free Report)

Neste Oyj is a Finland-based energy company specializing in the refining and marketing of oil products and renewable solutions. Established in 1948 and headquartered in Espoo, the company operates refineries in Finland, the Netherlands and Singapore. Over time, Neste has transformed from a traditional oil refiner into a global supplier of lower-emission fuels and renewable feedstocks.

The company’s business is organized across three primary segments. The Renewable Products segment focuses on producing Neste MY Renewable Diesel, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residue oils.

See Also

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