Nabtesco (OTCMKTS:NCTKY) Stock Price Up 8.7% – Here’s Why

Shares of Nabtesco Co. (OTCMKTS:NCTKYGet Free Report) were up 8.7% during trading on Tuesday . The company traded as high as $8.91 and last traded at $8.91. Approximately 125 shares changed hands during trading, a decline of 92% from the average daily volume of 1,543 shares. The stock had previously closed at $8.20.

Nabtesco Stock Performance

The stock has a 50 day moving average price of $9.37 and a 200 day moving average price of $8.76.

About Nabtesco

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Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.

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