Nidec (OTCMKTS:NJDCY) Hits New 1-Year Low – Should You Sell?

Shares of Nidec Co. (OTCMKTS:NJDCY) reached a new 52-week low during trading on Thursday . The stock traded as low as $4.45 and last traded at $4.47, with a volume of 376626 shares traded. The stock had previously closed at $4.55.

Nidec Price Performance

The stock has a market cap of $42.26 billion, a PE ratio of 31.64, a P/E/G ratio of 0.47 and a beta of 1.11. The company has a quick ratio of 1.12, a current ratio of 1.67 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average price is $7.25 and its 200 day moving average price is $9.76.

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