Nidec (OTCMKTS:NJDCY) Stock Crosses Above 200-Day Moving Average of $9.87

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 $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 Performance

The company has a quick ratio of 0.97, a current ratio of 1.55 and a debt-to-equity ratio of 0.26. The stock has a market cap of $26.23 billion, a price-to-earnings ratio of 29.18, a P/E/G ratio of 0.40 and a beta of 1.24. The company has a 50 day simple moving average of $10.03 and a 200 day simple moving average of $9.87.

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