Shares of Nidec Corp. (OTCMKTS:NJDCY – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 234,894 shares changed hands during mid-day trading, an increase of 406% from the previous session’s volume of 46,457 shares.The stock last traded at $3.25 and had previously closed at $3.2060.
Nidec Price Performance
The business’s 50-day simple moving average is $3.56 and its 200 day simple moving average is $3.55. The company has a market capitalization of $31.15 billion, a P/E ratio of 12.56 and a beta of 1.07. The company has a current ratio of 1.61, a quick ratio of 1.06 and a debt-to-equity ratio of 0.26.
Nidec Company Profile
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.
Further Reading
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