NVE Corporation (NVEC)

USD 58.67

(-7.8%)

Market Cap (In USD)

283.77 Million

Revenue (In USD)

29.8 Million

Net Income (In USD)

17.12 Million

Avg. Volume

23.77 Thousand

Currency
USD
Country
Technology
Open
-
Prev. Close
-
Day Range
-
Year Range
69.86-90.24
PE
18.92
EPS
3.1
Beta Value
1.127
ISIN
US6294452064
CUSIP
629445206
CIK
724910
Shares
4837170.0
Earnings Annoncement
-

Company Profile

Sector
Technology
Industry
Semiconductors
CEO
Dr. Daniel A. Baker Ph.D.
Employee Count
-
Website
https://www.nve.com
Ipo Date
1995-05-23
Details
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. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.