NN, Inc Up 11.4% After Hitting 52-Week High (NNBR)

Shares of NN, Inc. NNBR are currently up 11.4% at $10.49 per share during Thursday afternoon trading. The company announced earlier today that James "J.R." Widders has been named Vice President and General Manager of the company's Precision Metal Components Segment. Chairman and chief executive officer Roderick R. Baty said, "We are very pleased to have J.R. join the senior management team of NN. He brings over 32 years of proven success in various roles in operations, engineering, sales and business development. We look forward to him providing a strong leadership role in executing our strategic growth plan for our Precision Metal Components Segment." Today's trading range for shares of NN, Inc has been between $9.52 and a 52-week high of $10.50 per share. The consensus price target of analysts covering the company's stock is $12.50 per share. Volume of 255,000 shares is already more than double the daily average volume of 118,000 shares. NN, Inc. (NNBR) manufacturers and supplies high precision metal bearing components, industrial plastic and rubber products and precision metal components to a variety of end markets on a global basis. Read more from Benzinga's Company news.