Shares of Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY – Get Free Report) saw an uptick in trading volume on Monday . 140,707 shares traded hands during trading, an increase of 163% from the previous session’s volume of 53,598 shares.The stock last traded at $17.27 and had previously closed at $16.45.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on NTOIY. Zacks Research upgraded Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 29th. UBS Group upgraded Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Royal Bank Of Canada upgraded Neste OYJ from a “hold” rating to a “moderate buy” rating in a research note on Thursday, March 12th. Barclays upgraded Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 17th. Finally, The Goldman Sachs Group cut Neste OYJ from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 19th. Four investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy”.
View Our Latest Stock Analysis on NTOIY
Neste OYJ Stock Down 1.0%
Neste OYJ (OTCMKTS:NTOIY – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.10. The company had revenue of $6.04 billion for the quarter, compared to analysts’ expectations of $5.84 billion. Neste OYJ had a return on equity of 10.12% and a net margin of 3.78%. Equities research analysts forecast that Neste OYJ – Unsponsored ADR will post 1.39 earnings per share for the current fiscal year.
About Neste OYJ
Neste OYJ is a Finland-based energy company with a strong focus on renewable and circular solutions. Headquartered in Espoo, the company operates one of the world’s largest renewable diesel production networks and offers a wide range of low-carbon fuels, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residues. In addition to renewable products, Neste maintains traditional oil refining and marketing operations in selected markets.
The company’s Renewable Products segment processes raw materials such as used cooking oil, animal fat and industrial residues into high-performance renewable diesel and aviation fuel.
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