Nidec (OTCMKTS:NJDCY) Hits New 1-Year Low – Here’s What Happened

Nidec Co. (OTCMKTS:NJDCY)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $3.99 and last traded at $4.19, with a volume of 287316 shares. The stock had previously closed at $4.21.

Nidec Stock Performance

The stock has a market cap of $39.97 billion, a P/E ratio of 26.19, a price-to-earnings-growth ratio of 0.62 and a beta of 1.08. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $4.45 and a 200 day simple moving average of $5.34.

Nidec (OTCMKTS:NJDCY) last posted its quarterly earnings results on Thursday, January 23rd. The industrial goods maker reported $0.08 EPS 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%. On average, equities analysts expect that Nidec Co. will post 0.25 earnings per share 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.