NVE (NASDAQ:NVEC) Issues Quarterly Earnings Results

NVE (NASDAQ:NVEC) posted its quarterly earnings data on Wednesday. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter, Zacks reports. NVE had a net margin of 58.88% and a return on equity of 24.62%.

NVE Stock Down 0.2 %

NVEC opened at $81.98 on Thursday. The company has a market cap of $395.96 million, a price-to-earnings ratio of 24.54 and a beta of 1.12. NVE has a 52-week low of $70.20 and a 52-week high of $90.24. The firm’s fifty day simple moving average is $79.55 and its two-hundred day simple moving average is $79.46.

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.