|Last Price$8.39||Day Change (%)2.19%|
|Open Price$8.39||Day Change ($)0.18|
|Day Range8.39–8.39||52-Week Range7.14–10.25|
As of Thu 06/29/2016 | 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 ...