OCI (OTCMKTS:OCINF – Get Free Report) shares rose 7.5% on Wednesday . The company traded as high as $5.00 and last traded at $5.00. Approximately 1,000 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 2,361 shares. The stock had previously closed at $4.65.
Wall Street Analyst Weigh In
Separately, HSBC downgraded shares of OCI to a “hold” rating in a research report on Thursday, June 25th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Analysis on OCINF
OCI Price Performance
OCI Company Profile
OCI N.V. (OTCMKTS: OCINF) is a global producer of natural gas-based fertilizers and industrial chemical products. The company’s core offerings include ammonia, urea, urea ammonium nitrate (UAN), melamine and methanol, serving agricultural and industrial customers around the world. OCI markets its products through an integrated network of production facilities, distribution terminals and commercial offices across Europe, North America, the Middle East and Asia.
Formed in 2015 through a spin-off of fertilizer assets from OCI Global Holdings, OCI N.V.
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