Minebea Mitsumi (OTCMKTS:MNBEY) announced its earnings results on Wednesday. The company reported $0.71 earnings per share for the quarter, Morningstar.com reports. Minebea Mitsumi had a return on equity of 19.03% and a net margin of 7.90%.
Shares of Minebea Mitsumi (MNBEY) traded down $4.18 during midday trading on Thursday, hitting $42.85. The stock had a trading volume of 500 shares, compared to its average volume of 1,300. The company has a market capitalization of $8,992.17, a price-to-earnings ratio of 15.53 and a beta of 1.14. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.21 and a current ratio of 1.82. Minebea Mitsumi has a one year low of $20.46 and a one year high of $47.03.
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About Minebea Mitsumi
MinebeaMitsumi Inc, formerly Minebea Co, Ltd., is engaged in the manufacturing of miniature ball bearings, and also manufactures other high-precision parts. The Company also manufactures and sells liquid crystal backlights employed in smartphones, lighting devices and other products. The Company operates through two segments: Machined Components Segment, and Electronic Devices and Components Segment.
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