Nexi (OTCMKTS:NEXPF) Shares Down 17.8% – Here’s What Happened

Nexi S.p.A. (OTCMKTS:NEXPFGet Free Report)’s stock price fell 17.8% during trading on Monday . The company traded as low as $4.53 and last traded at $4.53. 1,103 shares changed hands during trading, a decline of 74% from the average session volume of 4,310 shares. The stock had previously closed at $5.51.

Nexi Stock Down 17.8%

The company’s fifty day simple moving average is $5.80 and its 200-day simple moving average is $5.39.

Nexi Company Profile

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Nexi S.p.A. is a leading European payments technology company that specializes in digital payment solutions for merchants, banks and consumers. The company offers a comprehensive suite of products and services covering merchant acquiring, card issuing, digital wallets and omnichannel payment platforms. Through its proprietary processing infrastructure, Nexi enables seamless transaction acceptance across point-of-sale terminals, e-commerce channels and mobile devices, supporting major card schemes and local payment methods.

Established in 2017 through the consolidation of payment operations from several Italian banking groups, Nexi rapidly expanded its footprint by investing in technology upgrades and strategic partnerships.

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