Nidec Corp. (OTCMKTS:NJDCY – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $4.07, but opened at $3.91. Nidec shares last traded at $3.91, with a volume of 2,082 shares.
Nidec Price Performance
The business has a 50-day moving average of $4.01 and a 200 day moving average of $3.86. The company has a market cap of $35.78 billion, a PE ratio of 14.42 and a beta of 1.29.
Nidec Company Profile
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.
Featured Stories
- Five stocks we like better than Nidec
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
- IBM Just Opened Its Mainframes to Arm—Is the Market Missing the Shift?
- Berkshire Boosts Its Bet: This AI Hyperscaler Is Now a Top-3 Holding
- NVIDIA Reveals $21 Billion SpaceX Stake: Signal of Confidence or Circular Financing?
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.
