NVE Corp (NVEC) is Trading Lower on Unusual Volume for February 04

Equities Staff |

NVE Corp (NVEC) experienced unusually high volume on Feb. 04, as the stock lost 0.64% to a closing price of $46.70. The stock saw 38,993 shares trade hands over the course of the day on 391 trades. Given that the stock’s average daily volume over the last month has been 16,685 shares a day, this represents a pretty substantial spike over the norm.

NVE Corp has a P/B ratio of 2.23. It also has a P/E ratio of 18.3. The stock has traded between $81.55 and $46.50 over the last 52-weeks, its 50-day SMA is now $53.30, and its 200-day SMA $57.92.

NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information.

Headquartered in Eden Prarie, MN, NVE Corp has 49 employees and is currently under the leadership of CEO Daniel A. Baker.

For a complete fundamental analysis analysis of NVE Corp, check out Equities.com’s Stock Valuation Analysis report for NVEC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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