Nordic Semiconductor ASA (OTCMKTS:NDCVF) Trading Down 0.7% – Here’s What Happened

Nordic Semiconductor ASA (OTCMKTS:NDCVFGet Free Report) was down 0.7% during trading on Thursday . The company traded as low as $13.50 and last traded at $13.50. Approximately 4,091 shares changed hands during mid-day trading, a decline of 6% from the average daily volume of 4,374 shares. The stock had previously closed at $13.5967.

Nordic Semiconductor ASA Stock Performance

The stock’s fifty day simple moving average is $13.09 and its 200-day simple moving average is $14.31.

About Nordic Semiconductor ASA

(Get Free Report)

Nordic Semiconductor ASA is a Norway-based fabless semiconductor company specializing in ultra-low-power wireless communication solutions for the Internet of Things (IoT). Founded in 1983 and headquartered in Trondheim, the company designs and markets integrated circuits (ICs) and related software for short-range wireless applications. Its portfolio includes SoCs and modules supporting Bluetooth Low Energy, Thread, Zigbee, ANT and proprietary 2.4 GHz protocols, as well as cellular IoT technologies such as LTE-M and NB-IoT.

Nordic’s flagship product families, including the nRF52, nRF53 and nRF54 series, enable battery-powered devices across a wide range of markets.

Further Reading

Receive News & Ratings for Nordic Semiconductor ASA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordic Semiconductor ASA and related companies with MarketBeat.com's FREE daily email newsletter.