iPath Bloomberg Cocoa Subindex Total Return(SM) ETN (NYSEARCA:NIB) Shares Up 1.7% – Time to Buy?

iPath Bloomberg Cocoa Subindex Total Return(SM) ETN (NYSEARCA:NIBGet Free Report) shot up 1.7% on Monday . The stock traded as high as $36.29 and last traded at $36.29. 500 shares were traded during trading, a decline of 95% from the average session volume of 10,939 shares. The stock had previously closed at $35.70.

iPath Bloomberg Cocoa Subindex Total Return(SM) ETN Price Performance

The stock’s fifty day moving average is $36.29 and its two-hundred day moving average is $36.29.

iPath Bloomberg Cocoa Subindex Total Return(SM) ETN Company Profile

(Get Free Report)

NIDEC Corporation manufactures and sells electric motors and related components and equipment worldwide. It offers hard disk drives spindle motors and other small precision motors for optical disk drives, electronic cooling fans, refrigerators, DVD recorders, laser printers, copiers, polygon scanners, automobiles, and other applications, as well as vibration mechanism for mobile phones.

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