Nidec Co. (OTCMKTS:NJDCY)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $30.22 and traded as high as $32.64. Nidec shares last traded at $31.92, with a volume of 67,465 shares.
Several research analysts have issued reports on NJDCY shares. Jefferies Financial Group started coverage on Nidec in a research note on Wednesday, January 20th. They set a “buy” rating for the company. Zacks Investment Research lowered Nidec from a “buy” rating to a “hold” rating in a research note on Wednesday, February 24th.
The company has a market capitalization of $76.13 billion, a price-to-earnings ratio of 96.73, a price-to-earnings-growth ratio of 4.47 and a beta of 1.15. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.41 and a quick ratio of 0.99. The stock has a 50 day moving average price of $31.14 and a two-hundred day moving average price of $30.27.
Nidec Company Profile (OTCMKTS:NJDCY)
Nidec Corporation, together with its subsidiaries, designs, develops, produces, 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, inspection and measuring equipment, electronic devices, sensors, and other products.
Read More: Treasury Bonds
Receive News & Ratings for Nidec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nidec and related companies with MarketBeat.com's FREE daily email newsletter.