Nexans S.A. (OTCMKTS:NXPRF – Get Free Report) shares dropped 6.8% during mid-day trading on Tuesday . The stock traded as low as $104.86 and last traded at $104.86. Approximately 510 shares changed hands during trading, an increase of 22% from the average daily volume of 418 shares. The stock had previously closed at $112.48.
Nexans Stock Performance
The firm has a 50 day moving average price of $116.28 and a 200-day moving average price of $125.19.
Nexans Company Profile
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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