Nordic Semiconductor ASA (OTCMKTS:NDCVF) Trading Down 3.5% – Here’s What Happened

Nordic Semiconductor ASA (OTCMKTS:NDCVFGet Free Report)’s stock price dropped 3.5% during mid-day trading on Tuesday . The stock traded as low as $11.75 and last traded at $11.75. Approximately 654 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 2,239 shares. The stock had previously closed at $12.18.

Nordic Semiconductor ASA Price Performance

The stock has a 50-day moving average price of $11.13 and a 200-day moving average price of $10.46.

Nordic Semiconductor ASA Company Profile

(Get Free Report)

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders.

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.