Nidec (OTCMKTS:NJDCY) Stock Passes Above Two Hundred Day Moving Average of $9.89

Nidec Co. (OTCMKTS:NJDCY - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.89 and traded as high as $10.99. Nidec shares last traded at $10.91, with a volume of 80,000 shares traded.

Nidec Price Performance

The company has a 50-day moving average of $9.83 and a two-hundred day moving average of $9.89. The stock has a market capitalization of $24.71 billion, a PE ratio of 41.23, a P/E/G ratio of 0.39 and a beta of 1.24. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.55 and a quick ratio of 0.97.

Nidec (OTCMKTS:NJDCY - Get Free Report) last released its quarterly earnings data on Wednesday, January 24th. The industrial goods maker reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. Nidec had a return on equity of 5.35% and a net margin of 3.55%. The company had revenue of $4.02 billion for the quarter. Sell-side analysts predict that Nidec Co. will post 0.45 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.

Further Reading

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