Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Nidec (NYSE:NJ) Stock Price

Media stories about Nidec (NYSE:NJ) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nidec earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the industrial goods maker an impact score of 46.7852307229046 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Nidec (NYSE NJ) opened at 18.11 on Thursday. Nidec has a 12-month low of $14.72 and a 12-month high of $22.89. The firm has a 50 day moving average price of $17.46 and a 200 day moving average price of $17.79.

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About Nidec

Nidec Corporation is engaged in manufacturing of electric motors and related components and equipment. The Company focuses on providing brushless direct current (DC) motors for the information technology (IT) industry. The Company operates through nine segments: Nidec Corporation, Nidec Electronics (Thailand), Nidec Singapore, Nidec (H.K.), Nidec Sankyo, Nidec Copal, Nidec Techno Motor, Nidec Motor, and Nidec Motors & Actuators.

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