28-Mar-2024
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NN, Inc. Reports Fourth Quarter and Full Year 2023 Results; 2024 Guidance
Globe Newswire (Mon, 11-Mar 5:05 PM ET)
NN, Inc. Executive Management to Present at the Sidoti Small-Cap Virtual Investor Conference
Globe Newswire (Mon, 11-Mar 7:30 AM ET)
NN Announces First Steps in Balance Sheet Optimization Plan
Globe Newswire (Fri, 8-Mar 4:30 PM ET)
Globe Newswire (Tue, 27-Feb 4:15 PM ET)
Sidoti Events, LLC's Virtual January Micro-Cap Conference
ACCESSWIRE (Tue, 16-Jan 8:42 AM ET)
NN, Inc. Executive Management to Present at the Sidoti Micro-Cap Virtual Investor Conference
Globe Newswire (Tue, 16-Jan 7:30 AM ET)
NN, Inc. Reports Record-Breaking $62.6 Million of New Business Wins in 2023
Globe Newswire (Tue, 9-Jan 4:05 PM ET)
NN Inc is a diversified industrial company that combines engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision solutions and components. It operates in two business segments: mobile solutions and power solutions. The mobile solutions segment involves growth in the general industrial and automotive end markets. Its power solutions segment involves growth in the electrical and aerospace and defense end markets. It also operates in China, Mexico, Brazil, Germany, and other countries.
NN trades on the NASDAQ stock market under the symbol NNBR.
As of March 28, 2024, NNBR stock price declined to $4.74 with 140,675 million shares trading.
NNBR has a beta of 1.44, meaning it tends to be more sensitive to market movements. NNBR has a correlation of 0.07 to the broad based SPY ETF.
NNBR has a market cap of $224.45 million. This is considered a Small Cap stock.
Last quarter NN reported $113 million in Revenue and -$.10 earnings per share. This fell short of revenue expectation by $-617,000 and missed earnings estimates by -$.02.
In the last 3 years, NNBR stock traded as high as $9.62 and as low as $.97.
The top ETF exchange traded funds that NNBR belongs to (by Net Assets): VTI, VXF, AVUV, BSVO, DFAT.
NNBR has outperformed the market in the last year with a price return of +369.3% while the SPY ETF gained +33.6%. NNBR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +15.9% and +8.5%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
NNBR support price is $4.53 and resistance is $4.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NNBR stock will trade within this expected range on the day.