In last trading session, NN Inc (NASDAQ:NNBR) saw 0.3 million shares changing hands with its beta currently measuring 3.08. Company’s recent per share price level of $3.53 trading at $0.17 or 5.06% at ring of the bell on the day assigns it a market valuation of $173.57M. That closing price of NNBR’s stock is at a discount of -52.97% from its 52-week high price of $5.40 and is indicating a premium of 72.52% from its 52-week low price of $0.97. Taking a look at company’s average trading volume volume of 185.16K if we extend that period to 3-months.
NN Inc (NASDAQ:NNBR) trade information
Upright in the green during last session for gaining 5.06%, in the last five days NNBR remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $3.53 price level, adding 8.55% to its value on the day. NN Inc’s shares saw a change of -11.75% in year-to-date performance and have moved -5.11% in past 5-day. NN Inc (NASDAQ:NNBR) showed a performance of -17.91% in past 30-days.
NN Inc (NNBR) estimates and forecasts
Statistics highlight that NN Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 97.21% of value to its shares in past 6 months, showing an annual growth rate of 31.03% while that of industry is 13.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.40% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 119.73M for the same. And 3 analysts are in estimates of company making revenue of 123.7M in the next quarter. Company posted 127.09M and 125.21M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 30.43% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 37.07% while estimates for its earnings growth in next 5 years are of 15.00%.
NNBR Dividends
NN Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
