Nexans (OTCMKTS:NXPRF) Trading Down 6.8% – What’s Next?

Nexans S.A. (OTCMKTS:NXPRFGet Free Report) shares fell 6.8% on Tuesday . The company traded as low as $104.86 and last traded at $104.86. 510 shares were traded during trading, an increase of 22% from the average session volume of 418 shares. The stock had previously closed at $112.48.

Nexans Stock Performance

The firm’s 50 day moving average is $116.90 and its 200-day moving average is $125.33.

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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