Nam Tai Electronics shares had a trading volume of 211K on Tuesday. Shares saw a steep increase in trading volume of 121.24% over the normal average daily volume.
Traders are a little more bullish on Nam Tai Electronics if you look at the motion in short interest. The stock experienced a fall in short interest of -1.26% as of the latest report on October 13, 2017. Short interest decreased from 75,945 to 74,989 over that period. The days to cover decreased to 1.0 and the short interest percentage is 0.00% as of October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (NTP). Cutler Group LP grew its holdings by buying 12,319 shares an increase of 1,174.4% as of 09/30/2017. Cutler Group LP owns 13,368 shares valued at $145,000. The total value of its holdings increased 1,712.5%. As of quarter end Pennsylvania Trust Co had disposed of a total of 55,073 shares trimming its holdings by 16.8%. The value of the investment in NTP went from $2,618,000 to $2,953,000 increasing 12.8% quarter to quarter.
Atlanta Capital Group added to its position by buying 925 shares an increase of 4.2%. Atlanta Capital Group now controls 22,825 shares with a value of $248,000. The value of the position overall is up by 64.2%. Wells Fargo & Company/mn divested its stake by selling 1 shares a decrease of 0.5% from 06/30/2017 to 09/30/2017. Wells Fargo & Company/mn currently owns 209 shares worth $2,000. The value of the position overall is down by 0.0%.
In the market the company is trading unchanged since yesterday’s close of 12.70. The most current P/E ratio is 449.24 and the market cap is 462.87M. In the latest earnings report the EPS was $0.03 with 36.45M shares now outstanding.
Nam Tai Property Inc., incorporated in August 1987, is a holding company. The Company is a property development and management company. The Company focuses on redevelopment of on two parcels of land in Gushu and Guangming, Shenzhen, China, into high-end commercial complexes. Its property development project in Guangming, Shenzhen, is named as Namtai Inno Park, and its property development project in Gushu, Shenzhen, is named as Namtai Inno City..