Neste OYJ (OTCMKTS:NTOIY) Shares Gap Down – Here’s Why

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) gapped down before the market opened on Monday . The stock had previously closed at $9.83, but opened at $9.18. Neste OYJ shares last traded at $9.28, with a volume of 2,136 shares traded.

Analysts Set New Price Targets

Several research firms have recently commented on NTOIY. BNP Paribas raised Neste OYJ to a “hold” rating in a report on Thursday, October 30th. The Goldman Sachs Group downgraded Neste OYJ from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 17th. Finally, Zacks Research raised shares of Neste OYJ to a “hold” rating in a research note on Tuesday, August 12th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Neste OYJ Stock Up 1.0%

The firm’s 50-day moving average is $9.88 and its 200 day moving average is $8.26.

Neste OYJ Company Profile

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.