Nolato AB (publ) (OTCMKTS:NLTBF) Shares Down 2.4% – Here’s Why

Nolato AB (publ) (OTCMKTS:NLTBFGet Free Report)’s stock price was down 2.4% during trading on Tuesday . The company traded as low as C$4.92 and last traded at C$4.92. 100 shares were traded during trading, a decline of 33% from the average session volume of 150 shares. The stock had previously closed at C$5.04.

Nolato AB (publ) Price Performance

The firm’s 50 day simple moving average is C$5.96 and its two-hundred day simple moving average is C$6.32.

Nolato AB (publ) Company Profile

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Nolato AB (publ) is a Sweden-based contract manufacturer specializing in polymer solutions. The company provides design, development and production services for injection-moulded plastic and silicone products. Its core business areas include telecom and consumer electronics, healthcare and life science, as well as industrial applications. Nolato works with multinational customers to deliver precision components, system assemblies and turnkey solutions.

In its telecom and consumer electronics segment, Nolato offers products ranging from handset casings to base station components and optical networks parts.

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