Nidec Co. (OTCMKTS:NJDCY – Get Rating) shares hit a new 52-week low on Tuesday . The stock traded as low as $14.67 and last traded at $14.82, with a volume of 259461 shares trading hands. The stock had previously closed at $14.91.
Separately, The Goldman Sachs Group cut Nidec from a “conviction-buy” rating to a “buy” rating in a report on Wednesday, April 13th.
The firm has a fifty day simple moving average of $16.17 and a 200 day simple moving average of $21.07. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.37. The company has a market cap of $35.35 billion, a PE ratio of 29.06 and a beta of 1.16.
About Nidec (OTCMKTS:NJDCY)
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, inspection and measuring equipment, electronic devices, sensors, and other products.
- Get a free copy of the StockNews.com research report on Nidec (NJDCY)
- Victoria’s Secret Stock is Out of the Box
- Downturn Gives These 3 Buys Juicy Dividend Yields
- Time For a Ride in Six Flags Stock
- Why Dollar General (NYSE: DG) Should Be In Your Portfolio
- Korn Ferry Is A Good Buy For The Recession And Beyond
Receive News & Ratings for Nidec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nidec and related companies with MarketBeat.com's FREE daily email newsletter.