Nidec Corp. (OTCMKTS:NJDCY – Get Free Report) shares traded down 9.2% on Thursday . The stock traded as low as $3.1060 and last traded at $3.1060. 13,417 shares were traded during trading, a decline of 70% from the average session volume of 44,579 shares. The stock had previously closed at $3.42.
Nidec Stock Performance
The company has a market capitalization of $30.53 billion, a P/E ratio of 12.31 and a beta of 0.96. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.06 and a current ratio of 1.61. The business’s fifty day simple moving average is $3.59 and its 200-day simple moving average is $3.58.
About Nidec
Nidec Corporation is a global manufacturer of electric motors and related systems, supplying components and finished products for a wide range of industries. The company is best known for its precision small motors used in computer hard-disk drives and other compact applications, and it has broadened its product portfolio to include motors, drives, controllers and mechatronic systems for consumer appliances, office automation, industrial equipment and automotive applications.
Its product range encompasses brushless DC motors, induction motors, servo systems, power electronics and complete motor-driven systems designed for energy efficiency and high performance.
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