Posted by admin on Jul 22nd, 2022
MinebeaMitsumi Inc. (OTCMKTS:MNBEY – Get Rating)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $35.74 and traded as high as $35.95. MinebeaMitsumi shares last traded at $35.95, with a volume of 2,631 shares changing hands.
The company has a fifty day simple moving average of $35.74 and a 200-day simple moving average of $41.43. The company has a quick ratio of 1.08, a current ratio of 1.60 and a debt-to-equity ratio of 0.20. The firm has a market cap of $7.68 billion, a P/E ratio of 12.10 and a beta of 0.97.
MinebeaMitsumi (OTCMKTS:MNBEY – Get Rating) last released its quarterly earnings results on Wednesday, May 11th. The company reported $0.65 earnings per share (EPS) for the quarter. MinebeaMitsumi had a return on equity of 14.07% and a net margin of 6.14%. The business had revenue of $2.49 billion during the quarter.
MinebeaMitsumi Inc manufactures and supplies machined components, and electronic devices and components in Japan, Europe, the United States, Asia, and internationally. It operates through three segments: Machined Components, Electronic Devices and Components, and MITSUMI Business. The Machined Components segment offers bearing products, including miniature and small sized ball bearings, rod end and spherical bearings, roller bearings, bushings, precision machined parts for aircraft, and medium- and large-sized ball bearings for aerospace use.
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