Neste OYJ (OTCMKTS:NTOIY) Shares Gap Up – Time to Buy?

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $10.52, but opened at $11.00. Neste OYJ shares last traded at $11.0750, with a volume of 8,367 shares traded.

Analyst Ratings Changes

Several research firms have recently commented on NTOIY. The Goldman Sachs Group cut shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 17th. UBS Group upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 26th. BNP Paribas raised Neste OYJ to a “hold” rating in a report on Thursday, October 30th. Finally, Zacks Research upgraded Neste OYJ to a “hold” rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Neste OYJ Stock Up 5.1%

The stock’s fifty day moving average price is $9.98 and its 200-day moving average price is $8.60.

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.