Nabtesco (OTCMKTS:NCTKY) Trading Up 11.9% – Here’s Why

Nabtesco Co. (OTCMKTS:NCTKYGet Free Report)’s stock price shot up 11.9% on Thursday . The stock traded as high as $14.88 and last traded at $14.88. 317 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 2,158 shares. The stock had previously closed at $13.30.

Nabtesco Stock Down 19.0%

The firm’s 50-day simple moving average is $12.39 and its 200 day simple moving average is $11.58.

About Nabtesco

(Get Free Report)

Nabtesco Corporation, headquartered in Tokyo, Japan, is a leading global supplier of precision equipment and motion control systems. The company was established in 2003 through the integration of Teijin Seiki Co, Ltd. and Nabco Ltd., drawing on a long heritage of engineering expertise dating back to the mid-20th century. Since its founding, Nabtesco has focused on delivering advanced mechanical and electronic components that enhance safety, reliability and efficiency across a variety of industries.

At the core of Nabtesco’s offering are its precision reduction gears and servo actuators, which provide high-accuracy motion control for industrial automation, robotics and factory machinery.

Recommended Stories

Receive News & Ratings for Nabtesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nabtesco and related companies with MarketBeat.com's FREE daily email newsletter.