Nidec Corp. (OTCMKTS:NJDCY – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 234,894 shares were traded during mid-day 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 Stock Performance
The stock has a 50 day moving average of $3.54 and a 200 day moving average of $3.54. The company has a market capitalization of $31.29 billion, a price-to-earnings ratio of 12.62 and a beta of 1.07. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 0.26.
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.
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