Nidec Corp. (OTCMKTS:NJDCY – Get Free Report) saw unusually-strong trading volume on Wednesday . 452,325 shares changed hands during mid-day trading, an increase of 1,561% from the previous session’s volume of 27,224 shares.The stock last traded at $4.00 and had previously closed at $4.0050.
Nidec Price Performance
The company has a market capitalization of $38.64 billion, a P/E ratio of 15.58 and a beta of 1.29. The firm has a fifty day moving average price of $3.99 and a 200-day moving average price of $3.87.
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
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
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.
