JTEKT (OTCMKTS:JTEKY) Shares Up 1.5% – Still a Buy?

JTEKT Co. (OTCMKTS:JTEKY) shares traded up 1.5% during trading on Monday . The stock traded as high as $30.95 and last traded at $30.95. 129 shares were traded during trading, a decline of 14% from the average session volume of 150 shares. The stock had previously closed at $30.50.

JTEKT Stock Up 1.5%

The stock has a fifty day simple moving average of $33.13 and a 200 day simple moving average of $29.44.

JTEKT Company Profile

JTEKT Corporation is a global manufacturer specializing in automotive components, bearings, machine tools and motion control solutions. Formed in April 2006 through the merger of two long-established Japanese firms, Toyoda Machine Works and Koyo Seiko, JTEKT has built a diversified portfolio that includes steering systems, driveline components, electric power steering motors, torque sensors and precision bearings.

The company’s automotive division delivers key drivetrain and steering products to major global automakers, offering both conventional and electrified power steering solutions.