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

Nidec Co. (OTCMKTS:NJDCY) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $4.00 and last traded at $4.18, with a volume of 215464 shares trading hands. The stock had previously closed at $4.32.

Nidec Trading Down 3.2 %

The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.06 and a current ratio of 1.67. The company has a market capitalization of $39.88 billion, a PE ratio of 26.13, a PEG ratio of 0.58 and a beta of 1.08. The stock has a fifty day moving average of $4.51 and a 200 day moving average of $7.02.

Nidec (OTCMKTS:NJDCY) last released its earnings results on Thursday, January 23rd. The industrial goods maker reported $0.08 EPS for the quarter, topping the consensus estimate of $0.07 by $0.01. Nidec had a net margin of 4.41% and a return on equity of 6.55%. As a group, sell-side analysts predict that Nidec Co. will post 0.25 earnings per share for the current fiscal 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.