Nabtesco Co. (OTCMKTS:NCTKY – Get Free Report) dropped 13.9% during trading on Friday . The company traded as low as $11.00 and last traded at $13.00. Approximately 309 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 1,339 shares. The stock had previously closed at $15.10.
Nabtesco Price Performance
The stock’s 50-day moving average price is $11.58 and its 200 day moving average price is $9.72.
Nabtesco Company Profile
Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.
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