NN Inc. (NNBR) Soars 6.1% on February 12

NN Inc. (NNBR) Soars 6.1% on February 12

NN Inc. (NNBR) had a good day on the market for Tuesday February 12 as shares jumped 6.1% to close at $10.26. About 420,234 shares traded hands on 3,236 trades for the day, compared with an average daily volume of n/a shares out of a total float of 42.1 million. After opening the trading day at $9.76, shares of NN Inc. stayed within a range of $10.29 to $9.76.

With today’s gains, NN Inc. now has a market cap of $431.99 million.

The stock has a P/E Ratio of 51.4. Shares of NN Inc. have been trading within a range of $26.75 and $5.55 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

NN Inc manufactures high-precision bearing components, industrial plastic products, and precision metal components. The company operates three business segments: precision bearing components, precision engineered products, and autocam precision components. NN generates most revenue from the bearings and autocam precision components segments. The bearings unit manufactures precision bearings such as balls, cylindrical rollers, tapered rollers, spherical rollers, and metal retainers used in the automotive, agricultural, machinery, heavy truck, and rail industries. The autocam precision components include precision metal components used in the automotive, HVAC, fluid power, and diesel engine end markets. The United States is NN’s largest revenue source.

NN Inc. is based out of Johnson City, TN and has some 4,407 employees. Its CEO is Richard D. Holder.

error: Content is protected !!