Nexans (OTCMKTS:NXPRF) Trading 0.4% Higher – Still a Buy?

Nexans S.A. (OTCMKTS:NXPRFGet Free Report)’s share price shot up 0.4% during trading on Friday . The company traded as high as $141.31 and last traded at $141.31. 125 shares were traded during trading, a decline of 73% from the average session volume of 463 shares. The stock had previously closed at $140.69.

Nexans Price Performance

The business has a fifty day simple moving average of $137.22 and a two-hundred day simple moving average of $122.83.

About Nexans

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Nexans SA manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities segments. The company offers cables for the energy distribution networks, as well as equipment cables for buildings.

Further Reading

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