MINEBEA MITSUMI (OTCMKTS:MNBEY) Shares Cross Above Fifty Day Moving Average of $35.45

MINEBEA MITSUMI Inc. (OTCMKTS:MNBEYGet Rating) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $35.45 and traded as high as $37.01. MINEBEA MITSUMI shares last traded at $36.83, with a volume of 2,684 shares changing hands.

MINEBEA MITSUMI Price Performance

The stock has a fifty day moving average price of $35.45 and a 200-day moving average price of $40.06. The company has a market cap of $7.86 billion, a PE ratio of 12.40 and a beta of 0.94. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.60 and a quick ratio of 1.08.

MINEBEA MITSUMI (OTCMKTS:MNBEYGet Rating) last released its earnings results on Wednesday, May 11th. The company reported $0.65 earnings per share (EPS) for the quarter. MINEBEA MITSUMI had a return on equity of 14.07% and a net margin of 6.14%. The company had revenue of $2.49 billion during the quarter.

About MINEBEA MITSUMI

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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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