Nordic Semiconductor ASA (OTCMKTS:NDCVF) Stock Price Down 0.7% – Should You Sell?

Nordic Semiconductor ASA (OTCMKTS:NDCVFGet Free Report)’s stock price dropped 0.7% during mid-day trading on Thursday . The stock traded as low as $13.50 and last traded at $13.50. Approximately 4,091 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 4,374 shares. The stock had previously closed at $13.5967.

Nordic Semiconductor ASA Trading Down 0.7%

The company has a fifty day moving average price of $13.09 and a 200 day moving average price of $14.31.

About Nordic Semiconductor ASA

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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.

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