Nordic Semiconductor ASA (OTCMKTS:NDCVF – Get Free Report)’s stock price dropped 4.2% on Thursday. The company traded as low as $18.45 and last traded at $18.45. Approximately 112 shares changed hands during trading, a decline of 98% from the average daily volume of 5,009 shares. The stock had previously closed at $19.25.
Nordic Semiconductor ASA Price Performance
The firm’s 50-day moving average is $18.56 and its 200-day moving average is $17.66.
Nordic Semiconductor ASA Company Profile
Nordic Semiconductor ASA is a Norwegian fabless semiconductor company that develops wireless connectivity solutions for low-power Internet of Things (IoT) applications. Its technology is used in products such as wearables, connected medical devices, smart-home equipment, industrial sensors, asset-tracking systems and other consumer and commercial electronics.
The company’s product portfolio includes Bluetooth Low Energy system-on-chips and systems-in-package, cellular IoT solutions supporting LTE-M and NB-IoT, and Wi-Fi connectivity products.
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