Nordex (OTCMKTS:NRDXF) Upgraded to “Buy” by Societe Generale

Societe Generale upgraded shares of Nordex (OTCMKTS:NRDXF – Get Rating) from a hold rating to a buy rating in a report released on Friday, The Fly reports.

Nordex Price Performance

Shares of Nordex stock opened at $12.25 on Friday. Nordex has a 1 year low of $7.75 and a 1 year high of $16.09. The company’s fifty day moving average is $12.86 and its two-hundred day moving average is $13.52.

About Nordex

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Nordex SE operates as a strategic management holding company. It engages in the development, production, servicing and marketing of wind power systems. The firm operates through the following segments: Projects and Service. The Projects segment comprises of the wind turbine and wind farm development business.