Neste OYJ (OTCMKTS:NTOIY) Hits New 1-Year High - Here's What Happened

Key Points

• Neste OYJ shares reached a new 52-week high of $10.15, up from a previous close of $9.95, with a trading volume of 2,388 shares.
• Zacks Research has upgraded Neste OYJ to a "hold" rating, aligning with the stock's current consensus rating.
• The company specializes in renewable diesel and sustainable aviation fuel, operating in multiple international markets with a market capitalization of $15.53 billion.

Shares of Neste OYJ - Unsponsored ADR (OTCMKTS:NTOIY - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $10.15 and last traded at $10.15, with a volume of 2388 shares. The stock had previously closed at $9.95.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Neste OYJ to a "hold" rating in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Neste OYJ Stock Performance

The stock has a 50-day moving average of $8.51 and a 200 day moving average of $6.36. The firm has a market capitalization of $15.53 billion and a P/E ratio of 18.86.

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.

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