Nexans (OTCMKTS:NXPRF) Stock Price Up 2.6% – What’s Next?

Shares of Nexans S.A. (OTCMKTS:NXPRFGet Free Report) shot up 2.6% during trading on Monday . The stock traded as high as $110.85 and last traded at $110.85. 360 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 624 shares. The stock had previously closed at $108.01.

Nexans Stock Up 2.6%

The firm’s fifty day moving average price is $97.81 and its 200 day moving average price is $103.95.

Nexans Company Profile

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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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