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NN Inc (NASDAQ: NNBR) closed the day trading at $1.63 down -10.66% from the previous closing price of $1.83. In other words, the price has decreased by -$10.66 from its previous closing price. On the day, 0.69 million shares were traded.
Ratios:
For a better understanding of NNBR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.22 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.17.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on April 15, 2024, initiated with a Outperform rating and assigned the stock a target price of $6.
On August 07, 2023, Lake Street Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $2 to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 14 ’25 when Corre Partners Management, LLC sold 427,630 shares for $3.87 per share. The transaction valued at 1,656,751 led to the insider holds 810,567 shares of the business.
BENVENUTI RAYNARD D. bought 10,000 shares of NNBR for $37,400 on Aug 19 ’24. The Director now owns 301,104 shares after completing the transaction at $3.74 per share. On Aug 16 ’24, another insider, HARMAN JERI J, who serves as the Director of the company, bought 6,849 shares for $3.64 each. As a result, the insider paid 24,930 and bolstered with 308,265 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.23.
Stock Price History:
Over the past 52 weeks, NNBR has reached a high of $4.67, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is -26.95%, while the 200-Day Moving Average is calculated to be -49.57%.
Shares Statistics:
A total of 50.53M shares are outstanding, with a floating share count of 43.48M. Insiders hold about 12.82% of the company’s shares, while institutions hold 68.21% stake in the company.
