Shares of Nokian Renkaat Oyj (OTCMKTS:NKRKF – Get Free Report) shot up 1.2% on Friday. The company traded as high as $17.50 and last traded at $17.50. 2,000 shares were traded during trading, an increase of 162% from the average daily volume of 762 shares. The stock had previously closed at $17.30.
Nokian Renkaat Oyj Price Performance
The firm has a 50-day moving average price of $17.42 and a 200 day moving average price of $14.30.
Nokian Renkaat Oyj Company Profile
Nokian Renkaat Oyj, also known as Nokian Tyres, is a Finland-based tire manufacturer specializing in products designed for demanding driving conditions. The company develops and sells tires for passenger cars, SUVs, vans, trucks, buses, and a range of heavy machinery, including forestry, agricultural, and industrial equipment.
The company markets its products primarily under the Nokian Tyres brand and serves customers through tire dealers, automotive retailers, and its Vianor tire and automotive service network.
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