Nexi (OTCMKTS:NEXXY) Trading Down 7.2% – Here’s Why

Nexi S.p.A. (OTCMKTS:NEXXYGet Free Report)’s stock price dropped 7.2% during trading on Thursday . The stock traded as low as $5.48 and last traded at $5.48. Approximately 489 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 7,441 shares. The stock had previously closed at $5.90.

Nexi Price Performance

The business’s 50 day moving average is $5.18 and its 200 day moving average is $5.80.

About Nexi

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Nexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy. The company offers acquiring services; configuration, activation, and maintenance of POS terminals; fraud prevention; and dispute management services, as well as customer support services.

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