Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) Receives Average Rating of “Moderate Buy” from Analysts

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) has been given an average rating of “Moderate Buy” by the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company.

NTOIY has been the topic of a number of recent analyst reports. Berenberg Bank raised shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 15th. The Goldman Sachs Group cut shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. Royal Bank Of Canada upgraded shares of Neste OYJ from a “hold” rating to a “moderate buy” rating in a report on Thursday, March 12th. UBS Group cut shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. Finally, Barclays upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 17th.

Neste OYJ Trading Up 1.6%

Shares of OTCMKTS:NTOIY opened at $14.97 on Tuesday. Neste OYJ has a 52 week low of $4.05 and a 52 week high of $17.31. The company’s 50 day moving average is $14.23 and its two-hundred day moving average is $11.92. The company has a current ratio of 1.89, a quick ratio of 0.95 and a debt-to-equity ratio of 0.64. The company has a market cap of $23.00 billion and a PE ratio of 136.10.

Neste OYJ (OTCMKTS:NTOIY) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). Neste OYJ had a net margin of 0.81% and a return on equity of 2.14%. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.59 billion.

Neste OYJ Company Profile

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.