Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 21,510 shares, an increase of 356.6% from the September 30th total of 4,711 shares. Based on an average daily volume of 67,487 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.
Neste OYJ Price Performance
Shares of OTCMKTS:NTOIY opened at $16.71 on Wednesday. The firm has a 50 day moving average of $18.54 and a 200 day moving average of $16.10. Neste OYJ has a 52 week low of $9.14 and a 52 week high of $20.29.
Analyst Upgrades and Downgrades
Several research analysts recently commented on NTOIY shares. The Goldman Sachs Group raised shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 3rd. Zacks Research upgraded shares of Neste OYJ from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Five analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Strong Buy”.
Check Out Our Latest Analysis on Neste OYJ
About Neste OYJ
Neste Oyj is a Finland-based company that produces renewable fuels and refined petroleum products. Its renewable products include renewable diesel and sustainable aviation fuel, which are made primarily from waste and residue oils and fats. The company also develops renewable raw-material solutions for the polymers and chemicals industries.
Neste operates traditional oil-refining and marketing businesses alongside its renewable fuels operations. Its products are supplied to transportation, aviation, marine, industrial and chemical customers, as well as through fuel stations and other retail channels in selected markets.
Founded in 1948, Neste was established to secure Finland’s petroleum supply and was formerly known as Neste Oil.
Recommended Stories
- Five stocks we like better than Neste OYJ
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Receive News & Ratings for Neste OYJ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neste OYJ and related companies with MarketBeat.com's FREE daily email newsletter.
