Neste OYJ (OTCMKTS:NTOIY) Hits New 52-Week High – Here's What Happened

Neste OYJ – Unsponsored ADR (OTCMKTS:NTOIY ) reached a new 52-week high during trading on Tuesday . The company traded as high as $19.4002 and last traded at $19.2450, with a volume of 2886 shares. The stock had previously closed at $18.62. A number of equities research analysts recently weighed in on NTOIY shares. The Goldman Sachs Group upgraded shares of Neste OYJ from a 'hold' rating to a 'strong-buy' rating in a report on Thursday, September 3rd. Zacks Research downgraded shares of Neste OYJ from a 'strong-buy' rating to a 'hold' rating in a research note on Tuesday, June 16th. Four research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Neste OYJ presently has a consensus rating of 'Buy'. View Our Latest Stock Analysis on NTOIY Neste OYJ (OTCMKTS:NTOIY ) last announced its quarterly earnings results on Friday, July 24th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.56 by $0.02. Neste OYJ had a return on equity of 19.90% and a net margin of 7.35%.The firm had revenue of $6.81 billion for the quarter, compared to analyst estimates of $7.19 billion. Analysts forecast that Neste OYJ – Unsponsored ADR will post 1.62 EPS for the current fiscal year. Neste OYJ is a Finland-based energy company with a strong focus on renewable and circular solutions. Headquartered in Espoo, the company operates one of the world's largest renewable diesel production networks and offers a wide range of low-carbon fuels, sustainable aviation fuel (SAF) and renewable feedstocks derived from waste and residues. In addition to renewable products, Neste maintains traditional oil refining and marketing operations in selected markets. The company's Renewable Products segment processes raw materials such as used cooking oil, animal fat and industrial residues into high-performance renewable diesel and aviation fuel.