Nexteer Automotive Group Limited (OTCMKTS:NTXVF – Get Free Report) shares traded down 14.9% on Tuesday . The stock traded as low as $0.5107 and last traded at $0.5107. 300 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 6,633 shares. The stock had previously closed at $0.60.
Nexteer Automotive Group Stock Performance
The firm’s 50-day moving average price is $0.67 and its 200 day moving average price is $0.77.
About Nexteer Automotive Group
Nexteer Automotive Group is a global supplier of advanced steering and driveline systems for the automotive industry. The company designs, engineers and manufactures electric and hydraulic power steering systems, steering columns, intermediate shafts and driveline modules for passenger cars, light trucks and commercial vehicles. Its product portfolio also includes advanced driver assistance system (ADAS) integration and steer-by-wire technologies aimed at improving vehicle safety, comfort and fuel efficiency.
Originally a division of General Motors, Nexteer became an independent entity in 2010 when it was acquired by the China-based automotive holdings firm Pacific Century Motors.
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