NVE Corporation

NasdaqCM:NVEC

Sector

🤖 Technology

Industries

🔌 Hardware & Electronics

🖨 3D Printing

🌐 Internet of Things (IoT)

💻 Semiconductors

🏗️ Steel

Location

United States

Market Cap

USD 347.94 M

Share Price

USD 68.52

Avg Daily Volume

33,774

Change (1 day)

-4.74%

Change (1 year)

-10.20%

Change (YTD)

-15.85%

NVE Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending December 31, 2024: USD -1.16 M

NVE Corporation Capital Expenditure is USD -1.16 M for the Trailing 12 Months (TTM) ending December 31, 2024, a 2,489.16% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).

NVE Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending December 31, 2023 was USD -44.91 K, a -96.63% change year over year.
NVE Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending December 31, 2022 was USD -1.33 M.
NVE Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending December 31, 2020 was USD -39.59 K, a 51.83% change year over year.

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Key data

Date	Capital Expenditure	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Depreciation And Amortization

NasdaqCM: NVEC

NVE Corporation

CEO	Dr. Daniel A. Baker Ph.D.
IPO Date	May 23, 1995
Location	United States
Headquarters	11409 Valley View Road
Employees	41
Sector	🤖 Technology
Industries Hardware & Electronics 🖨 3D Printing 🌐 Internet of Things (IoT) 💻 Semiconductors 🏗️ Steel

Description

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.