MINEBEA MITSUMI (OTCMKTS:MNBEY) Shares Cross Above Fifty Day Moving Average of $31.83

MINEBEA MITSUMI Inc. (OTCMKTS:MNBEYGet Rating) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $31.83 and traded as high as $33.65. MINEBEA MITSUMI shares last traded at $33.65, with a volume of 2,374 shares changing hands.

MINEBEA MITSUMI Trading Down 0.4 %

The stock has a market cap of $7.19 billion, a P/E ratio of 13.30 and a beta of 0.94. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.97 and a current ratio of 1.54. The stock has a 50-day moving average price of $31.83 and a 200-day moving average price of $32.54.

MINEBEA MITSUMI (OTCMKTS:MNBEYGet Rating) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.12). MINEBEA MITSUMI had a net margin of 5.51% and a return on equity of 11.71%. The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.48 billion. On average, equities research analysts expect that MINEBEA MITSUMI Inc. will post 3.2 EPS for the current year.

MINEBEA MITSUMI Company Profile

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MinebeaMitsumi Inc manufactures and supplies machined components, and electronic devices and components in Japan, Europe, the United States, Asia, and internationally. It operates through four segments: Machined Components, Electronic Devices and Components, MITSUMI Business, and U-Shin business segment.

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