|Last Price$10.03||Day Change (%)-2.62%|
|Open Price$10.03||Day Change ($)-0.27|
|Day Range10.03–10.03||52-Week Range9.59–11.20|
As of Mon 06/29/2015 | 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 ...