Nidec Co. (OTCMKTS:NJDCY – Get Rating) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $18.36 and traded as high as $18.89. Nidec shares last traded at $18.39, with a volume of 61,647 shares traded.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered shares of Nidec from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, April 13th.
Nidec Stock Performance
The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.89 and a current ratio of 1.32. The stock’s 50 day simple moving average is $16.29 and its two-hundred day simple moving average is $18.30.
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, inspection and measuring equipment, electronic devices, sensors, and other products.
- Get a free copy of the StockNews.com research report on Nidec (NJDCY)
- MarketBeat: Week in Review 8/1 – 8/5
- How to Use High Beta Stocks to Maximize Your Investing Profits
- Cronos Group Inc’s Revenues Are Up, Is It Time to Buy?
- Beyond Meat Is Not Beyond Hope, And It’s Cheap
- Why Apple Could Be At All-Time Highs By Year End
Receive News & Ratings for Nidec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nidec and related companies with MarketBeat.com's FREE daily email newsletter.