Winning Stock Forecast: Calling KEM Stock Returns 25.03% in 7 Days
KEMET Corporation (KEMET), incorporated on July 9, 1990, is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Company offers multilayer ceramic, solid and electrolytic aluminum and film capacitors. The Company's product offerings include surface mount, which are attached directly to the circuit board; leaded capacitors, which are attached to the circuit board using lead wires, and chassis-mount and other pin-through-hole board-mount capacitors, which utilize attachment methods, such as screw terminal and snap-in.
KEM saw a rise of 25.03% over a period of 7 day. Two days were crucial during that 7 days. The second rise was mainly due to the strong result the company reported. The first rise was on the 29 of October, when KEMET announced to refinance with Sumitomo Mitsui Trust Bank, which will lower the debt balance to approximately $296 million. KEMET expect saving for annual interest rate to approximately $21 million. This day the stock price significantly profited from that news.
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KEM saw a rise of 25.03% over a period of 7 day. Two days were crucial during that 7 days. The second rise was mainly due to the strong result the company reported. The first rise was on the 29 of October, when KEMET announced to refinance with Sumitomo Mitsui Trust Bank, which will lower the debt balance to approximately $296 million. KEMET expect saving for annual interest rate to approximately $21 million. This day the stock price significantly profited from that news.
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