Neste OYJ (OTCMKTS:NTOIY) Shares Gap Up – Still a Buy?

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $8.62, but opened at $8.92. Neste OYJ shares last traded at $9.03, with a volume of 11,028 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised Neste OYJ to a “hold” rating in a report on Tuesday, August 12th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Neste OYJ Stock Up 7.3%

The stock has a market capitalization of $14.21 billion and a PE ratio of 17.27. The business’s 50-day moving average is $7.61 and its two-hundred day moving average is $5.87.

Neste OYJ Company Profile

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.