Nidec Corp. (OTCMKTS:NJDCY - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.44 and traded as high as $5.13. Nidec shares last traded at $5.02, with a volume of 204,496 shares changing hands.
Nidec Stock Performance
The company has a quick ratio of 1.00, a current ratio of 1.53 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $47.23 billion, a PE ratio of 20.63, a PEG ratio of 0.76 and a beta of 1.14. The stock's fifty day simple moving average is $4.59 and its 200-day simple moving average is $4.44.
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 analysts' consensus estimates of $0.08 by ($0.03). Nidec had a net margin of 6.41% and a return on equity of 9.56%. The company had revenue of $4.64 billion during the quarter, compared to analysts' expectations of $650.52 billion. On average, research analysts predict that Nidec Corp. will post 0.25 earnings per share for the current fiscal 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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