MinebeaMitsumi Inc. (OTCMKTS:MNBEY – Get Rating)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $33.26 and last traded at $33.26, with a volume of 15412 shares trading hands. The stock had previously closed at $34.54.
The company has a debt-to-equity ratio of 0.20, a current ratio of 1.60 and a quick ratio of 1.08. The stock has a 50-day moving average price of $37.79 and a 200-day moving average price of $44.47. The company has a market capitalization of $7.14 billion, a price-to-earnings ratio of 11.20 and a beta of 0.96.
MinebeaMitsumi (OTCMKTS:MNBEY – Get Rating) last posted its quarterly earnings results on Wednesday, May 11th. The company reported $0.65 earnings per share 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 for 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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