Neste OYJ (OTCMKTS:NTOIY) Shares Gap Up – Here’s What Happened

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY) gapped up before the market opened on Thursday . The stock had previously closed at $9.8930, but opened at $10.33. Neste OYJ shares last traded at $10.12, with a volume of 1,261 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on NTOIY shares. UBS Group upgraded Neste OYJ from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 26th. Zacks Research upgraded shares of Neste OYJ to a “hold” rating in a research note on Tuesday, August 12th. The Goldman Sachs Group downgraded shares of Neste OYJ from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 17th. Finally, BNP Paribas upgraded shares of Neste OYJ to a “hold” rating in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Neste OYJ has a consensus rating of “Moderate Buy”.

Neste OYJ Trading Down 1.6%

The firm’s 50-day moving average price is $9.90 and its 200 day moving average price is $8.43.

About Neste OYJ

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.