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Nidec (OTCMKTS:NJDCY) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Nidec logo with Computer and Technology background

Nidec Co. (OTCMKTS:NJDCY - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.42 and traded as high as $5.05. Nidec shares last traded at $4.96, with a volume of 295,287 shares traded.

Nidec Stock Performance

The firm has a market cap of $48.18 billion, a price-to-earnings ratio of 31.56, a price-to-earnings-growth ratio of 0.62 and a beta of 1.14. The stock has a 50-day moving average of $4.35 and a 200-day moving average of $4.42. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.09 and a current ratio of 1.69.

Nidec (OTCMKTS:NJDCY - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $4.64 billion for the quarter, compared to analyst estimates of $650.52 billion. Nidec had a return on equity of 6.45% and a net margin of 4.41%. As a group, analysts anticipate that Nidec Co. will post 0.25 EPS for the current fiscal year.

About Nidec

(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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