NN Inc (NASDAQ:NNBR) shares, rose in value on Thursday, April 16, with the stock price up by 3.99% to the previous day’s close as strong demand from buyers drove the stock to $1.70.
Actively observing the price movement in the last trading, the stock closed the session at $1.63, falling within a range of $1.7 and $1.76. The value of beta (5-year monthly) was 2.737. Referring to stock’s 52-week performance, its high was $4.67, and the low was $1.58. On the whole, NNBR has fluctuated by -35.55% over the past month.
With the market capitalization of NN Inc currently standing at about $84.53 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-04.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 458.94M, with a low estimate of 105M and a high estimate of 119.59M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 111.96M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NNBR’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NNBR currently trading nearly -21.08% and -34.93% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 26.93, while the 7-day volatility ratio is showing 9.77% which for the 30-day chart, stands at 9.06%. Furthermore, NN Inc (NNBR)’s beta value is 2.22, and its average true range (ATR) is 0.20.
A comparison of NN Inc (NNBR) with its peers suggests the former has fared considerably weaker in the market. NNBR showed an intraday change of 3.99% in last session, and over the past year, it shrunk by -55.51%%.
Data on historical trading for NN Inc (NASDAQ:NNBR) indicates that the trading volumes over the past 10 days have averaged 0.2 and over the past 3 months, they’ve averaged 207.28K. According to company’s latest data on outstanding shares, there are 49.91 million shares outstanding.
Nearly 12.82% of NN Inc’s shares belong to company insiders and institutional investors own 68.17% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.34 million shares as on 2025-03-31, resulting in a short ratio of 14.08. According to the data, the short interest in NN Inc (NNBR) stood at 675.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 2.32 million. The stock has fallen by -48.17% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NNBR stock heading into the next quarter.
