Nabtesco Co. (OTCMKTS:NCTKY – Get Free Report)’s stock price shot up 11.9% during mid-day trading on Thursday . The company traded as high as $14.88 and last traded at $14.88. 317 shares were traded 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 Trading Up 11.9%
The company has a 50 day moving average price of $12.45 and a 200 day moving average price of $11.55.
Nabtesco Company Profile
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.
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