Nidec Co. (OTCMKTS:NJDCY) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $32.94 and traded as high as $35.40. Nidec shares last traded at $35.40, with a volume of 3,593 shares.
NJDCY has been the topic of several recent research reports. Zacks Investment Research raised Nidec from a “sell” rating to a “hold” rating in a research report on Friday, September 13th. ValuEngine cut Nidec from a “buy” rating to a “hold” rating in a research report on Thursday, July 11th.
The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.24. The stock has a market cap of $41.90 billion, a price-to-earnings ratio of 41.46, a PEG ratio of 3.54 and a beta of 1.27. The stock has a 50-day moving average price of $33.00 and a two-hundred day moving average price of $32.94.
Nidec (OTCMKTS:NJDCY) last posted its quarterly earnings data on Wednesday, July 24th. The industrial goods maker reported $0.03 earnings per share for the quarter. Nidec had a return on equity of 7.66% and a net margin of 5.13%. The firm had revenue of $3.28 billion during the quarter. Research analysts predict that Nidec Co. will post 0.94 earnings per share for the current fiscal year.
About Nidec (OTCMKTS:NJDCY)
Nidec Corporation manufactures and sells motors and other electronic products worldwide. It offers brushless DC, brush DC, induction, SR, synchronous, servo, and stepping motors, as well as drive circuits; fans and blowers, such as DC axial flow, DC blower, and AC axial flow fans; and machinery, including inspection and measuring systems, automation units, control equipment, marking devices, and optical devices.
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