Shares of NGK Insulators, Ltd. (OTCMKTS:NGKIF – Get Free Report) dropped 3.8% during mid-day trading on Thursday . The company traded as low as $23.5750 and last traded at $23.5750. Approximately 140 shares were traded during trading, a decline of 51% from the average daily volume of 285 shares. The stock had previously closed at $24.50.
NGK Insulators Price Performance
The stock’s 50-day moving average price is $21.92 and its 200 day moving average price is $18.10.
About NGK Insulators
NGK Insulators, Ltd., founded in 1919 and headquartered in Nagoya, Japan, is a global leader in advanced ceramic solutions. The company designs, manufactures, and supplies a wide range of high-performance ceramic products for power transmission, environmental systems, and industrial processing. Over its century-long history, NGK has developed a reputation for precision engineering and durability in demanding applications.
At the heart of NGK’s operations are high-voltage insulators made from porcelain and composite polymers, which are critical components in electric power transmission and distribution networks worldwide.
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