|Last Price$8.81||Day Change (%)-0.45%|
|Open Price$8.81||Day Change ($)-0.04|
|Day Range8.81–8.81||52-Week Range7.14–9.41|
As of Mon 07/25/2016 | USD
We're lowering Nam Tai Electronics' NTE fair value estimate to $19 per share from $23. This reflects the firm's focus on manufacturing higher-volume, lower-margin electronic products, which will pressure profitability. In addition, competitive pricing pressures continue to weigh on prices, hurting ...