NN (NASDAQ:NNBR - Get Free Report) is projected to announce its earnings results after the market closes on Wednesday, March 5th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $108.60 million for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
NN Stock Up 1.7 %
NNBR traded up $0.05 on Friday, reaching $3.05. 123,039 shares of the company traded hands, compared to its average volume of 907,655. The stock's 50 day moving average price is $3.09 and its 200-day moving average price is $3.55. NN has a 52-week low of $2.38 and a 52-week high of $5.20. The company has a market cap of $152.34 million, a price-to-earnings ratio of -2.80, a PEG ratio of 2.01 and a beta of 2.98. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.96 and a quick ratio of 1.18.
Insider Activity at NN
In related news, major shareholder Corre Partners Management, Llc sold 427,630 shares of the business's stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $3.87, for a total transaction of $1,654,928.10. Following the transaction, the insider now directly owns 810,567 shares of the company's stock, valued at approximately $3,136,894.29. The trade was a 34.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 8.85% of the stock is currently owned by insiders.
NN Company Profile
(
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NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.
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