Nexans S.A. (OTCMKTS:NXPRF – Get Free Report) rose 16.4% during trading on Monday . The stock traded as high as $161.73 and last traded at $161.73. Approximately 220 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 553 shares. The stock had previously closed at $138.95.
Nexans Stock Up 16.4%
The firm’s 50-day simple moving average is $126.59 and its 200 day simple moving average is $109.73.
About Nexans
Nexans SA manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities segments. The company offers cables for the energy distribution networks, as well as equipment cables for buildings.
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