Nidec (OTCMKTS:NJDCY) Stock Crosses Above Two Hundred Day Moving Average of $10.35

Nidec Co. (OTCMKTS:NJDCY)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.35 and traded as high as $12.03. Nidec shares last traded at $11.46, with a volume of 88,045 shares traded.

Nidec Stock Performance

The company’s 50-day moving average price is $11.54 and its 200 day moving average price is $10.35. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.04 and a current ratio of 1.62. The stock has a market capitalization of $26.41 billion, a PE ratio of 29.39, a PEG ratio of 0.58 and a beta of 1.15.

Nidec (OTCMKTS:NJDCY) last posted its earnings results on Tuesday, April 23rd. The industrial goods maker reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.10). Nidec had a return on equity of 7.95% and a net margin of 5.47%. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.91 billion. On average, equities research analysts expect that Nidec Co. will post 0.59 earnings per share 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.