Nexans S.A. (OTCMKTS:NXPRF – Get Free Report)’s stock price was down 10.2% during trading on Wednesday. The company traded as low as $135.5725 and last traded at $139.30. 2,405 shares traded hands during mid-day trading, an increase of 329% from the average session volume of 561 shares. The stock had previously closed at $155.1062.
Nexans Trading Down 10.2%
The firm’s 50 day simple moving average is $159.64 and its two-hundred day simple moving average is $159.49.
About Nexans
Nexans SA is a France-based manufacturer and provider of cable and cable-system solutions. The company serves the electrification, power transmission and distribution, telecommunications, data, transportation, and industrial markets.
Its products and services include low-, medium- and high-voltage power cables, overhead and subsea cables, telecom and data cables, wiring systems, accessories, installation, and related engineering and maintenance services. Nexans also develops cable solutions for renewable-energy infrastructure, including offshore wind projects, and for electricity grids and other critical infrastructure.
Headquartered in Paris, Nexans serves customers internationally through operations and projects across Europe, the Americas, Asia-Pacific, the Middle East and Africa.
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