Nidec (OTCMKTS:NJDCY) Hits New 1-Year Low – Here’s What Happened

Nidec Co. (OTCMKTS:NJDCY) reached a new 52-week low on Monday . The stock traded as low as $4.00 and last traded at $4.18, with a volume of 215464 shares trading hands. The stock had previously closed at $4.32.

Nidec Trading Down 3.2 %

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 stock has a market capitalization of $39.88 billion, a PE ratio of 26.13, a P/E/G ratio of 0.58 and a beta of 1.08. The stock has a 50 day moving average price of $4.51 and a 200-day moving average price of $7.02.

Nidec (OTCMKTS:NJDCY) last issued its quarterly earnings data on Thursday, January 23rd. The industrial goods maker reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. Nidec had a net margin of 4.41% and a return on equity of 6.55%. Sell-side analysts expect that Nidec Co. will post 0.25 earnings per share 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.