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Nidec (OTCMKTS:NJDCY) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

Nidec logo with Computer and Technology background

Shares of Nidec Corp. (OTCMKTS:NJDCY - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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.

Nidec Price Performance

The company has a current ratio of 1.53, a quick ratio of 1.00 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $47.89 billion, a PE ratio of 20.92, a PEG ratio of 0.78 and a beta of 1.14. The business has a fifty day moving average price of $4.53 and a 200-day moving average price of $4.44.

Nidec (OTCMKTS:NJDCY - Get Free Report) last released its earnings results on Thursday, April 24th. The industrial goods maker reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by ($0.03). Nidec had a return on equity of 9.56% and a net margin of 6.41%. The firm had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $650.52 billion. Research analysts expect that Nidec Corp. will post 0.25 EPS for the current fiscal 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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