Nordic Semiconductor ASA (OTCMKTS:NDCVF) Shares Up 4.3% – Time to Buy?

Nordic Semiconductor ASA (OTCMKTS:NDCVF) rose 4.3% on Friday . The stock traded as high as $15.16 and last traded at $15.16. Approximately 7,000 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 7,616 shares. The stock had previously closed at $14.53.

Nordic Semiconductor ASA Stock Up 4.3%

The business has a 50 day moving average price of $13.71 and a 200-day moving average price of $14.43.

About Nordic Semiconductor ASA

Nordic Semiconductor ASA is a Norway-based fabless semiconductor company specializing in ultra-low-power wireless communication solutions for the Internet of Things (IoT). Founded in 1983 and headquartered in Trondheim, the company designs and markets integrated circuits (ICs) and related software for short-range wireless applications. Its portfolio includes SoCs and modules supporting Bluetooth Low Energy, Thread, Zigbee, ANT and proprietary 2.4 GHz protocols, as well as cellular IoT technologies such as LTE-M and NB-IoT.

Nordic’s flagship product families, including the nRF52, nRF53 and nRF54 series, enable battery-powered devices across a wide range of markets.