Nidec Co. (OTCMKTS:NJDCY) Short Interest Update

Nidec Co. (OTCMKTS:NJDCY) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 107,500 shares, a decrease of 76.6% from the January 31st total of 459,900 shares. Based on an average daily volume of 387,800 shares, the days-to-cover ratio is currently 0.3 days.

Nidec Stock Down 1.3 %

NJDCY opened at $4.55 on Friday. The business has a 50 day moving average price of $4.45 and a two-hundred day moving average price of $6.25. Nidec has a 52 week low of $4.00 and a 52 week high of $6.63. The company has a market cap of $43.41 billion, a PE ratio of 28.44, a P/E/G ratio of 0.62 and a beta of 1.08. The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 0.27.

Nidec (OTCMKTS:NJDCY) last announced its quarterly earnings data on Thursday, January 23rd. The industrial goods maker reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. Nidec had a return on equity of 6.45% and a net margin of 4.41%. As a group, research analysts anticipate that Nidec will post 0.25 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.