Nexans (OTCMKTS:NXPRF) Shares Up 0.8% – Here’s Why

Nexans S.A. (OTCMKTS:NXPRFGet Free Report) shares rose 0.8% during mid-day trading on Wednesday . The stock traded as high as $144.38 and last traded at $144.38. Approximately 500 shares were traded during mid-day trading, an increase of 8% from the average daily volume of 463 shares. The stock had previously closed at $143.20.

Nexans Stock Up 0.8%

The company has a 50 day simple moving average of $142.55 and a 200-day simple moving average of $139.42.

About Nexans

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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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