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Nidec (OTCMKTS:NJDCY) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Nidec logo with Computer and Technology background

Nidec Co. (OTCMKTS:NJDCY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.41 and traded as high as $4.97. Nidec shares last traded at $4.77, with a volume of 385,996 shares.

Nidec Price Performance

The firm has a market cap of $46.27 billion, a price-to-earnings ratio of 30.31, a price-to-earnings-growth ratio of 0.62 and a beta of 1.11. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.27. The company's 50-day moving average is $4.18 and its 200-day moving average is $4.40.

Nidec (OTCMKTS:NJDCY - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The industrial goods maker reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.03). The business had revenue of $4.64 billion for the quarter, compared to the consensus estimate of $650.52 billion. Nidec had a return on equity of 6.45% and a net margin of 4.41%. Equities research analysts predict that Nidec Co. will post 0.25 earnings per share for the current year.

Nidec Company Profile

(Get Free Report)

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.

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