Nidec Co. (OTCMKTS:NJDCY - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.40 and traded as high as $4.84. Nidec shares last traded at $4.70, with a volume of 210,509 shares traded.
Nidec Stock Up 4.9%
The firm has a market capitalization of $47.73 billion, a price-to-earnings ratio of 31.27, a price-to-earnings-growth ratio of 0.62 and a beta of 1.11. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 1.09. The business has a fifty day moving average price of $4.21 and a two-hundred day moving average price of $4.40.
Nidec (OTCMKTS:NJDCY - Get Free Report) last issued its earnings results on Thursday, April 24th. The industrial goods maker reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.03). Nidec had a return on equity of 6.45% and a net margin of 4.41%. The business had revenue of $4.64 billion for the quarter, compared to analysts' expectations of $650.52 billion. On average, equities analysts expect that Nidec Co. will post 0.25 earnings per share for the current year.
About Nidec
(
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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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