Nidec (OTCMKTS:NJDCY) Hits New 12-Month Low – What’s Next?

Nidec Co. (OTCMKTS:NJDCY)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $4.14 and last traded at $4.28, with a volume of 387157 shares trading hands. The stock had previously closed at $4.30.

Nidec Price Performance

The company has a market capitalization of $40.83 billion, a PE ratio of 30.57, a price-to-earnings-growth ratio of 0.47 and a beta of 1.08. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.67 and a quick ratio of 1.06. The company’s 50 day simple moving average is $4.67 and its 200 day simple moving average is $8.29.

Nidec (OTCMKTS:NJDCY) last posted its earnings results on Wednesday, October 23rd. The industrial goods maker reported $0.03 EPS for the quarter, meeting analysts’ consensus estimates of $0.03. Nidec had a net margin of 3.77% and a return on equity of 5.58%. The firm had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $4.13 billion. As a group, sell-side analysts predict that Nidec Co. will post 0.29 earnings per share for the current 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.