Nidec (OTCMKTS:NJDCY) Share Price Crosses Above 200-Day Moving Average of $9.89

Nidec Co. (OTCMKTS:NJDCY) shares 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 trading hands.

Nidec Price Performance

The stock has a market cap of $24.71 billion, a PE ratio of 41.96, a P/E/G ratio of 0.39 and a beta of 1.24. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.55 and a quick ratio of 0.97. The business has a fifty day moving average of $9.86 and a 200 day moving average of $9.88.

Nidec (OTCMKTS:NJDCY) last issued its quarterly earnings results on Wednesday, January 24th. The industrial goods maker reported $0.12 EPS for the quarter, meeting analysts’ consensus estimates of $0.12. Nidec had a return on equity of 5.35% and a net margin of 3.55%. The firm had revenue of $4.02 billion during the quarter. Sell-side analysts anticipate that Nidec Co. will post 0.45 earnings per share for the current 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.