Nidec (OTCMKTS:NJDCY) Stock Price Passes Above Two Hundred Day Moving Average of $9.87

Shares of Nidec Co. (OTCMKTS:NJDCY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.87 and traded as high as $11.48. Nidec shares last traded at $11.38, with a volume of 81,139 shares.

Nidec Stock Up 2.7 %

The firm has a market cap of $26.23 billion, a P/E ratio of 29.18, a P/E/G ratio of 0.41 and a beta of 1.24. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.97 and a current ratio of 1.55. The firm’s fifty day moving average is $10.03 and its 200 day moving average is $9.86.

Nidec (OTCMKTS:NJDCY) last announced its earnings results on Wednesday, January 24th. The industrial goods maker reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. The business had revenue of $4.02 billion during the quarter. Nidec had a net margin of 5.47% and a return on equity of 8.03%. As a group, equities research analysts anticipate that Nidec Co. will post 0.59 earnings per share for the current fiscal 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.