Nabtesco (OTCMKTS:NCTKY) Shares Down 2.3% – Time to Sell?

Shares of Nabtesco Co. (OTCMKTS:NCTKYGet Free Report) were down 2.3% on Wednesday . The stock traded as low as $14.67 and last traded at $14.67. Approximately 499 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 1,207 shares. The stock had previously closed at $15.02.

Nabtesco Stock Performance

The stock has a 50 day moving average price of $12.77 and a two-hundred day moving average price of $11.18.

Nabtesco Company Profile

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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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