Nidec (OTCMKTS:NJDCY) Hits New 52-Week Low - What's Next?

Nidec Co. (OTCMKTS:NJDCY - Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $3.21 and last traded at $3.33, with a volume of 791027 shares traded. The stock had previously closed at $3.51.

Nidec Trading Up 1.7 %

The stock has a market capitalization of $34.16 billion, a P/E ratio of 22.38, a P/E/G ratio of 0.62 and a beta of 1.13. The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. The stock's 50 day moving average price is $4.26 and its 200-day moving average price is $4.86.

Nidec (OTCMKTS:NJDCY - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The industrial goods maker reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. Nidec had a return on equity of 6.45% and a net margin of 4.41%. As a group, equities research analysts expect that Nidec Co. will post 0.25 earnings per share for the current year.

About Nidec

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components.