Nidec (OTCMKTS:NJDCY) Hits New 52-Week Low at $14.67

Nidec Co. (OTCMKTS:NJDCYGet 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.

Nidec (OTCMKTS:NJDCYGet Rating) last released its earnings results on Thursday, April 21st. The industrial goods maker reported $0.13 earnings per share (EPS) for the quarter. Nidec had a net margin of 7.13% and a return on equity of 11.23%. The business had revenue of $4.40 billion for the quarter.


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.

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