Nabtesco (OTCMKTS:NCTKY) Shares Down 3.9% – Here’s What Happened

Shares of Nabtesco Co. (OTCMKTS:NCTKYGet Free Report) traded down 3.9% on Wednesday . The stock traded as low as $9.63 and last traded at $9.63. 266 shares traded hands during trading, a decline of 85% from the average session volume of 1,740 shares. The stock had previously closed at $10.02.

Nabtesco Price Performance

The company’s 50-day moving average price is $8.37 and its two-hundred day moving average price is $8.56.

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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