Nokian Renkaat Oyj (OTCMKTS:NKRKF) Shares Pass Below 200 Day Moving Average – What’s Next?

Shares of Nokian Renkaat Oyj (OTCMKTS:NKRKFGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.25 and traded as low as $6.40. Nokian Renkaat Oyj shares last traded at $6.40, with a volume of 34 shares traded.

Analyst Ratings Changes

Separately, Danske lowered Nokian Renkaat Oyj to a “sell” rating in a research report on Wednesday, May 7th.

Check Out Our Latest Stock Report on Nokian Renkaat Oyj

Nokian Renkaat Oyj Trading Down 8.0%

The business’s fifty day moving average is $6.92 and its 200-day moving average is $7.25.

About Nokian Renkaat Oyj

(Get Free Report)

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans.

Further Reading

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