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

Shares of Nidec Co. (OTCMKTS:NJDCY) passed 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 firm’s fifty day moving average price is $9.83 and its 200 day moving average price is $9.89. The stock has a market cap of $25.14 billion, a PE ratio of 41.96, a P/E/G ratio of 0.40 and a beta of 1.24. The company has a quick ratio of 0.97, a current ratio of 1.55 and a debt-to-equity ratio of 0.26.

Nidec (OTCMKTS:NJDCY) last posted its quarterly earnings data on Wednesday, January 24th. The industrial goods maker reported $0.12 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.12. Nidec had a net margin of 3.55% and a return on equity of 5.35%. The business had revenue of $4.02 billion for the quarter. As a group, equities analysts expect that Nidec Co. will post 0.45 EPS for the current fiscal year.

Nidec Company Profile

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.