Nidec (OTCMKTS:NJDCY) Sets New 1-Year Low – Here’s Why

Nidec Co. (OTCMKTS:NJDCY) hit a new 52-week low during trading on Monday . The company traded as low as $3.99 and last traded at $4.19, with a volume of 287316 shares trading hands. The stock had previously closed at $4.21.

Nidec Price Performance

The stock has a market capitalization of $39.21 billion, a PE ratio of 25.69, a P/E/G ratio of 0.62 and a beta of 1.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.69 and a quick ratio of 1.09. The firm’s 50 day simple moving average is $4.44 and its 200 day simple moving average is $5.26.

Nidec (OTCMKTS:NJDCY) last issued its earnings results on Thursday, January 23rd. The industrial goods maker reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. Nidec had a net margin of 4.41% and a return on equity of 6.45%. As a group, equities analysts forecast that Nidec Co. will post 0.25 EPS for the current fiscal year.

Nidec Company Profile

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.