|Last Price$10.78||Day Change (%)-1.19%|
|Open Price$10.78||Day Change ($)-0.13|
|Day Range10.78–10.78||52-Week Range9.59–10.91|
As of Fri 04/17/2015 | 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 ...