Minebea Mitsumi (OTCMKTS:MNBEY) Stock Price Up 15.9%

Minebea Mitsumi Inc (OTCMKTS:MNBEY)’s stock price rose 15.9% during mid-day trading on Thursday . The company traded as high as $35.03 and last traded at $34.90, approximately 550 shares were traded during mid-day trading. An increase of 753% from the average daily volume of 65 shares. The stock had previously closed at $30.11.

The company has a current ratio of 1.69, a quick ratio of 1.15 and a debt-to-equity ratio of 0.19. The stock has a 50 day simple moving average of $31.69 and a 200-day simple moving average of $31.90. The firm has a market cap of $7.22 billion, a P/E ratio of 10.83 and a beta of 1.34.

Minebea Mitsumi Company Profile (OTCMKTS:MNBEY)

MinebeaMitsumi Inc manufactures and supplies machined components, and electronic devices and components in China, Japan, Thailand, Europe, the United States, and internationally. It operates through three segments: Machined Components, Electronic Devices and Components, and MITSUMI business. The Machined Components segment provides bearing products, including miniature and small-sized ball bearings, rod-end and spherical bearings, roller bearings, bushings, and precision machined parts.

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