Zacks Investment Research upgraded NN, Inc. (NASDAQ:NNBR) to Hold in a statement released earlier today.
- Updated: October 9, 2016
Just yesterday NN, Inc. (NASDAQ:NNBR) traded -3.51% lower at $19.05. The company’s 50-day moving average is $18.11 and its 200-day moving average is $16.22. The last stock close price is up 20.22% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 159,399 shares of the stock were exchanged, up from an average trading volume of 145,054
Zacks Investment Research has upgraded NN, Inc. (NASDAQ:NNBR) to Hold in a report released on 10/05/2016.
On 03/11/2016, Avondale Partners released a statement for NN, Inc. (NASDAQ:NNBR) dropped the target price from $25.00 to $16.00. At the time, this indicated a possible upside of 0.34%.
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NN, Inc. has a 52 week low of $10.34 and a 52 week high of $20.39 NNBR’s total market value is presently $0.
A total of 5 equity analysts have released a ratings update on NNBR. One brokerage rating the company a strong buy, two brokerages rating the company a buy, three brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $22.20.
More About NN, Inc. (NASDAQ:NNBR)
NN, Inc. is a diversified industrial company. The Company operates through three segments: the Precision Bearing Components Group, the Precision Engineered Products Group and the Autocam Precision Components Group. Within its Precision Bearing Components Group, the Company manufactures and supplies high precision bearing components, consisting of balls, cylindrical rollers, tapered rollers, spherical rollers and metal retainers for bearing and constant velocity-joint manufacturers. Within its Precision Engineered Products Group, the Company designs and manufactures a range of high-precision metal and plastic components, assemblies and finished devices for the medical, electrical, automotive and aerospace end markets. Within its Autocam Precision Components Group, the Company manufactures highly engineered precision metal components and subassemblies for the automotive, heating, ventilating and air conditioning, fluid power and diesel engine end markets.
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