Neste Oyj (OTCMKTS:NTOIY – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.43 and traded as low as $4.65. Neste Oyj shares last traded at $4.76, with a volume of 156,536 shares changing hands.
Neste Oyj Trading Down 1.3 %
The stock’s fifty day moving average price is $5.39 and its two-hundred day moving average price is $6.84.
Neste Oyj Cuts Dividend
The firm also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.1049 per share. The ex-dividend date is Thursday, March 27th. Neste Oyj’s payout ratio is presently 45.88%.
Neste Oyj Company Profile
Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.
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