Nidec (OTCMKTS:NJDCY) Share Price Crosses Above 200 Day Moving Average of $10.44

Shares of Nidec Co. (OTCMKTS:NJDCY) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $10.44 and traded as high as $11.61. Nidec shares last traded at $11.30, with a volume of 112,959 shares traded.

Nidec Stock Down 1.9 %

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.04. The stock has a market capitalization of $26.04 billion, a PE ratio of 28.97, a PEG ratio of 0.57 and a beta of 1.15. The company has a 50 day moving average price of $11.63 and a 200-day moving average price of $10.44.

Nidec (OTCMKTS:NJDCY) last issued its quarterly earnings data on Tuesday, April 23rd. The industrial goods maker reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.10). Nidec had a net margin of 5.47% and a return on equity of 7.95%. The company had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.91 billion. As a group, analysts forecast 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.