Shares of Nidec Corp. (OTCMKTS:NJDCY – Get Free Report) saw an uptick in trading volume on Thursday . 234,894 shares traded hands during trading, an increase of 406% from the previous session’s volume of 46,457 shares.The stock last traded at $3.25 and had previously closed at $3.2060.
Nidec Price Performance
The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.06 and a current ratio of 1.61. The firm has a market capitalization of $31.15 billion, a P/E ratio of 12.56 and a beta of 1.07. The business has a fifty day moving average of $3.56 and a 200-day moving average of $3.55.
About Nidec
Nidec Corporation is a global manufacturer of electric motors and related systems, supplying components and finished products for a wide range of industries. The company is best known for its precision small motors used in computer hard-disk drives and other compact applications, and it has broadened its product portfolio to include motors, drives, controllers and mechatronic systems for consumer appliances, office automation, industrial equipment and automotive applications.
Its product range encompasses brushless DC motors, induction motors, servo systems, power electronics and complete motor-driven systems designed for energy efficiency and high performance.
Further Reading
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