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How to buy NN stock | 6.3

Own NN stock in just a few minutes.

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NN, Inc is a conglomerates business based in the US. NN shares (NNBR) are listed on the NASDAQ and all prices are listed in US Dollars. NN employs 5,418 staff and has a trailing 12-month revenue of around USD$762.7 million.

How to buy shares in NN

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for NN. Find the stock by name or ticker symbol: NNBR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NN reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$6.3, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of NN, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of NN. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted NN's share price?

Since the stock market crash in March caused by coronavirus, NN's share price has had significant negative movement.

Its last market close was USD$6.3, which is 30.77% down on its pre-crash value of USD$9.1 and 262.07% up on the lowest point reached during the March crash when the shares fell as low as USD$1.74.

If you had bought USD$1,000 worth of NN shares at the start of February 2020, those shares would have been worth USD$228.68 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$716.75.

NN share price

Use our graph to track the performance of NNBR stocks over time.

NN shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$6.3
52-week rangeUSD$1.345 - USD$10.08
50-day moving average USD$5.4714
200-day moving average USD$4.6008
Wall St. target priceUSD$10.33
PE ratio N/A
Dividend yield USD$0.28 (6.14%)
Earnings per share (TTM) USD$-6.673

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy NN stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

NN price performance over time

Historical closes compared with the close of $6.3 from 2020-10-16

1 week (2020-10-14) 4.30%
1 month (2020-09-22) 10.14%
3 months (2020-07-21) 18.64%
6 months (2020-04-21) 165.82%
1 year (2019-10-21) -13.46%
2 years (2018-10-19) -48.61%
3 years (2017-10-20) -79.48%
5 years (2015-10-21) -58.98%

Is NN under- or over-valued?

Valuing NN stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NN's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NN's PEG ratio

NN's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.93. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NN's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

NN's EBITDA

NN's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$87.8 million.

The EBITDA is a measure of a NN's overall financial performance and is widely used to measure a its profitability.

NN financials

Revenue TTM USD$762.7 million
Gross profit TTM USD$205.8 million
Return on assets TTM -0.18%
Return on equity TTM -108.34%
Profit margin -38.01%
Book value $1.354
Market capitalisation USD$270.6 million

TTM: trailing 12 months

Shorting NN shares

There are currently 2.1 million NN shares held short by investors – that's known as NN's "short interest". This figure is 8.6% down from 2.3 million last month.

There are a few different ways that this level of interest in shorting NN shares can be evaluated.

NN's "short interest ratio" (SIR)

NN's "short interest ratio" (SIR) is the quantity of NN shares currently shorted divided by the average quantity of NN shares traded daily (recently around 278282.05461638). NN's SIR currently stands at 7.69. In other words for every 100,000 NN shares traded daily on the market, roughly 7690 shares are currently held short.

However NN's short interest can also be evaluated against the total number of NN shares, or, against the total number of tradable NN shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NN's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 NN shares in existence, roughly 50 shares are currently held short) or 0.0608% of the tradable shares (for every 100,000 tradable NN shares, roughly 61 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against NN.

Find out more about how you can short NN stock.

NN share dividends

We're not expecting NN to pay a dividend over the next 12 months.

Have NN's shares ever split?

NN's shares were split on a 3:2 basis on 6 December 1995. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your NN shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for NN shares which in turn could have impacted NN's share price.

NN share price volatility

Over the last 12 months, NN's shares have ranged in value from as little as $1.345 up to $10.08. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NN's is 3.2002. This would suggest that NN's shares are significantly more volatile than the average for this exchange and represent a higher risk.

NN overview

NN, Inc., a diversified industrial company, designs and manufactures high-precision solutions, components, and assemblies for the medical, aerospace and defense, electrical, automotive, and general industrial markets. It operates through Life Sciences, Mobile Solutions, and Power Solutions segments. The Life Sciences segment designs and manufactures a range of high-precision metal and plastic components, assemblies, and finished devices, such as surgical knives, bioresorbable implants, surgical staples, cases and trays, orthopaedic implants and tools, laparoscopic devices, and drug delivery devices for the orthopaedics and medical/surgical end markets. The Mobile Solutions segment manufactures system critical components for fuel systems, engines and transmissions, power steering systems, and electromechanical motors for general industrial and automotive end markets. The Power Solutions segment designs and manufactures a range of high-precision metal and plastic components, assemblies, and finished devices used in applications ranging from power control to flight control and for military devices. Its products include electrical contacts, connectors, contact assemblies, and precision stampings for the electrical end market; and high precision products for the aerospace and defense end markets. The company sells its products worldwide primarily to manufacturers directly. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.

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