Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $19.05 and last traded at $18.98, with a volume of 64922 shares traded. The stock had previously closed at $18.51.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. Zacks Research downgraded Neste OYJ from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. UBS Group upgraded Neste OYJ from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Three research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.
Check Out Our Latest Report on Neste OYJ
Neste OYJ Stock Performance
Neste OYJ (OTCMKTS:NTOIY – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.10. The firm had revenue of $6.04 billion for the quarter, compared to analyst estimates of $5.84 billion. Neste OYJ had a net margin of 3.78% and a return on equity of 10.12%. As a group, equities analysts predict that Neste OYJ – Unsponsored ADR will post 1.37 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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