MinebeaMitsumi (OTCMKTS:MNBEY) Stock Price Passes Below Two Hundred Day Moving Average of $52.52

MinebeaMitsumi Inc. (OTCMKTS:MNBEY) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $52.52 and traded as low as $47.71. MinebeaMitsumi shares last traded at $48.15, with a volume of 449 shares changing hands.

The firm has a market capitalization of $10.28 billion, a price-to-earnings ratio of 21.40 and a beta of 1.00. The stock has a fifty day moving average of $52.23 and a two-hundred day moving average of $52.49. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.61 and a quick ratio of 1.09.

MinebeaMitsumi (OTCMKTS:MNBEY) last posted its quarterly earnings data on Wednesday, August 4th. The company reported $0.65 earnings per share for the quarter. The business had revenue of $2.27 billion during the quarter. MinebeaMitsumi had a return on equity of 11.39% and a net margin of 4.75%.

MinebeaMitsumi Company Profile (OTCMKTS:MNBEY)

Minebea Mitsumi, Inc engages in the manufacture and sale of high precision ball bearings and components for IT (Information Technology), telecommunications, aerospace, automotive, and home appliance industries. It operates through the following segments: Machined Components, Electronic Devices and Components, Mitsumi Electric Products, and Others.

See Also: How are the companies in the S&P 500 selected?

Receive News & Ratings for MinebeaMitsumi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MinebeaMitsumi and related companies with MarketBeat.com's FREE daily email newsletter.