JTEKT (OTCMKTS:JTEKY) Trading Up 34% – Here’s What Happened

JTEKT Co. (OTCMKTS:JTEKYGet Free Report)’s stock price traded up 34% during mid-day trading on Monday . The company traded as high as $32.15 and last traded at $32.15. 317 shares changed hands during trading, an increase of 23% from the average session volume of 258 shares. The stock had previously closed at $24.00.

JTEKT Price Performance

The business’s 50 day moving average is $24.26 and its 200-day moving average is $24.09.

About JTEKT

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JTEKT Corporation manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, etc. It offers steering systems, such as electric power steering, hydraulic power steering, and units/components; driveline components, including driveshaft, propeller shaft, spider, couplings, and Torsen limited slip differential products; wheels, such as hub units; engine and peripheral parts that include damper pulley and drive plates; and transmission products, such as electric pump for idle-stop system, shifters, and solenoid valves.

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