According to Zacks, “Nidec Corp and its subsidiaries are primarily engaged in the design, development, manufacturing and marketing of i) small precision motors, ii) mid-size motors, iii) machinery and power supplies, and iv) other products, which include auto parts, pivot assemblies, encoders and other services. Manufacturing operations are located primarily in Asia and they have sales subsidiaries in Asia, North America and Europe. “
Separately, ValuEngine cut shares of Nidec from a buy rating to a hold rating in a report on Thursday, July 11th.
NJDCY opened at $32.68 on Wednesday. The stock has a market capitalization of $37.84 billion, a PE ratio of 38.45, a P/E/G ratio of 2.37 and a beta of 1.23. The firm’s fifty day moving average price is $33.30 and its 200 day moving average price is $32.48. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.73 and a quick ratio of 1.25. Nidec has a 12-month low of $26.02 and a 12-month high of $37.56.
Nidec Corporation manufactures and sells motors and other electronic products worldwide. It offers brushless DC, brush DC, induction, SR, synchronous, servo, and stepping motors, as well as drive circuits; fans and blowers, such as DC axial flow, DC blower, and AC axial flow fans; and machinery, including inspection and measuring systems, automation units, control equipment, marking devices, and optical devices.
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