Nidec (OTCMKTS:NJDCY) Stock Price Passes Above 200 Day Moving Average of $32.94

Share on StockTwits

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.

Featured Story: Dividend

Receive News & Ratings for Nidec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nidec and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

180 Wealth Advisors LLC Trims Stock Holdings in Verizon Communications Inc.
180 Wealth Advisors LLC Trims Stock Holdings in Verizon Communications Inc.
Ascension Asset Management LLC Sells 1,600 Shares of Cognizant Technology Solutions Corp
Ascension Asset Management LLC Sells 1,600 Shares of Cognizant Technology Solutions Corp
6 Meridian Raises Stock Holdings in iShares Edge MSCI Min Vol EAFE ETF
6 Meridian Raises Stock Holdings in iShares Edge MSCI Min Vol EAFE ETF
Ascension Asset Management LLC Sells 1,275 Shares of Norfolk Southern Corp.
Ascension Asset Management LLC Sells 1,275 Shares of Norfolk Southern Corp.
6 Meridian Cuts Holdings in Cisco Systems, Inc.
6 Meridian Cuts Holdings in Cisco Systems, Inc.
47,795 Shares in Danaher Co.  Acquired by 6 Meridian
47,795 Shares in Danaher Co. Acquired by 6 Meridian


 
© 2006-2019 Zolmax.