NEW YORK (
) hit a new 52-week high Tuesday as it traded at $17.40 compared with its previous 52-Week high of $17.38. NN is changing hands at $17.31 with 203,795 shares traded as of 3:51 p.m. ET. Average volume has been 172,600 shares over the past 30 days.
NN has a market cap of $279.2 million and is part of the
industry. Shares are up 36.3% year to date as of the close of trading on Monday.
NN, Inc. engages in the manufacture and supply of metal bearing components, plastic and rubber components, and precision metal components for bearing manufacturers worldwide. The company has a P/E ratio of 43, equal to the average industrial industry P/E ratio and above the S&P 500 P/E ratio of 16.2.
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TheStreet Ratings rates NN as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and robust revenue growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full
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