Nordic Semiconductor ASA (OTCMKTS:NDCVF) Stock Price Down 7.7% – Should You Sell?

Nordic Semiconductor ASA (OTCMKTS:NDCVFGet Free Report) traded down 7.7% during trading on Wednesday . The company traded as low as $10.00 and last traded at $10.00. 200 shares were traded during mid-day trading, a decline of 88% from the average session volume of 1,600 shares. The stock had previously closed at $10.84.

Nordic Semiconductor ASA Stock Down 7.7 %

The company’s 50 day moving average price is $11.39 and its 200-day moving average price is $10.33.

Nordic Semiconductor ASA Company Profile

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Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders.

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