Nordic Semiconductor ASA (OTCMKTS:NRSDY) Stock Breaks Above 50-Day Moving Average – Here’s What Happened

Nordic Semiconductor ASA (OTCMKTS:NRSDY – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $18.29 and traded as high as $18.45. Nordic Semiconductor ASA shares last traded at $18.45, with a volume of 483 shares.

Nordic Semiconductor ASA Trading Up 2.5%

The stock’s fifty day simple moving average is $18.29 and its 200-day simple moving average is $17.58.

About Nordic Semiconductor ASA

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Nordic Semiconductor ASA is a Norwegian fabless semiconductor company that develops low-power wireless connectivity solutions. Founded in 1983 as Nordic VLSI, the company is headquartered in Trondheim and serves customers in markets around the world. Its products include wireless system-on-chip devices for Bluetooth Low Energy, cellular IoT, Wi-Fi and other connectivity technologies, as well as power management integrated circuits. The company also offers modules, software and development tools that help customers build connected products.

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