JTEKT (OTCMKTS:JTEKY) Shares Up 34% – Still a Buy?

JTEKT Co. (OTCMKTS:JTEKYGet Free Report) shot up 34% during mid-day trading on Monday . The company traded as high as $32.15 and last traded at $32.15. 317 shares were traded during trading, an increase of 23% from the average session volume of 258 shares. The stock had previously closed at $24.00.

JTEKT Trading Up 34.0%

The business’s 50 day moving average price is $24.16 and its 200-day moving average price is $24.06.

About JTEKT

(Get Free Report)

JTEKT Corporation manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, etc. It offers steering systems, such as electric power steering, hydraulic power steering, and units/components; driveline components, including driveshaft, propeller shaft, spider, couplings, and Torsen limited slip differential products; wheels, such as hub units; engine and peripheral parts that include damper pulley and drive plates; and transmission products, such as electric pump for idle-stop system, shifters, and solenoid valves.

See Also

Receive News & Ratings for JTEKT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JTEKT and related companies with MarketBeat.com's FREE daily email newsletter.