Neste Oyj (OTCMKTS:NTOIF – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $32.18 and traded as low as $31.55. Neste Oyj shares last traded at $31.55, with a volume of 193 shares changing hands.
Neste Oyj Stock Performance
The company’s 50 day simple moving average is $37.11 and its 200 day simple moving average is $32.18.
Neste Oyj Company Profile
Neste Oyj is a Finnish energy company focused on producing renewable fuels and other lower-emission products. Its portfolio includes Neste MY Renewable Diesel, sustainable aviation fuel (SAF), and renewable raw materials and solutions for the polymers and chemicals industries. The company also operates in the conventional oil-products business, including refining and the sale of petroleum products.
Founded in 1948, Neste was previously known as Neste Oil before adopting its current name in 2015 to reflect its expanding focus on renewable energy and circular-economy solutions.
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