Nidec (OTCMKTS:NJDCY) Reaches New 12-Month Low – Here’s What Happened

Nidec Co. (OTCMKTS:NJDCY) reached a new 52-week low on Thursday . The company traded as low as $4.31 and last traded at $4.34, with a volume of 2673969 shares traded. The stock had previously closed at $4.42.

Nidec Trading Up 0.2 %

The company has a current ratio of 1.67, a quick ratio of 1.06 and a debt-to-equity ratio of 0.31. The company has a fifty day simple moving average of $4.72 and a 200-day simple moving average of $8.49. The company has a market capitalization of $41.50 billion, a PE ratio of 31.07, a PEG ratio of 0.47 and a beta of 1.08.

Nidec (OTCMKTS:NJDCY) last announced its quarterly earnings data on Wednesday, October 23rd. The industrial goods maker reported $0.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.03. The firm had revenue of $4.34 billion during the quarter, compared to analyst estimates of $4.13 billion. Nidec had a net margin of 3.77% and a return on equity of 5.58%. Analysts predict that Nidec Co. will post 0.29 EPS 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.