NVE (NVEC) to Release Quarterly Earnings on Wednesday

NVE (NASDAQ:NVEC) will post its quarterly earnings results after the market closes on Wednesday, October 23rd. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

NVE Stock Performance

NVE stock opened at $79.74 on Monday. The firm has a market cap of $385.14 million, a P/E ratio of 22.85 and a beta of 1.14. The business’s fifty day moving average is $79.29 and its two-hundred day moving average is $78.67. NVE has a 52 week low of $64.14 and a 52 week high of $90.24.

Insiders Place Their Bets

In other NVE news, Director Terrence Glarner sold 344 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $78.71, for a total value of $27,076.24. Following the transaction, the director now owns 1,200 shares of the company’s stock, valued at approximately $94,452. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.90% of the company’s stock.

NVE Company Profile

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data.