|Last Price$7.22||Day Change (%)1.98%|
|Open Price$7.10||Day Change ($)0.14|
|Day Range7.10–7.24||52-Week Range5.55–16.01|
As of Fri 12/06/2013 09:55 AM EST | 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 ...