Nidec (OTCMKTS:NJDCY) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Shares of Nidec Co. (OTCMKTS:NJDCY) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.41 and traded as high as $4.97. Nidec shares last traded at $4.77, with a volume of 385,996 shares trading hands.

Nidec Trading Up 0.4%

The business has a 50 day moving average of $4.15 and a 200-day moving average of $4.41. The stock has a market cap of $45.51 billion, a PE ratio of 29.81, a price-to-earnings-growth ratio of 0.62 and a beta of 1.11. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.27.

Nidec (OTCMKTS:NJDCY) last issued its quarterly earnings data 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). The company had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $650.52 billion. Nidec had a net margin of 4.41% and a return on equity of 6.45%. On average, analysts anticipate that Nidec Co. will post 0.25 EPS for the current year.

About Nidec

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.