Nidec Corp. (OTCMKTS:NJDCY – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $4.36, but opened at $4.14. Nidec shares last traded at $4.19, with a volume of 4,134 shares trading hands.
Nidec Trading Down 5.3%
The stock has a market cap of $39.40 billion, a PE ratio of 15.89 and a beta of 1.29. The firm has a fifty day simple moving average of $3.98 and a two-hundred day simple moving average of $3.87.
About Nidec
Nidec Corporation is a Japanese manufacturer of electric motors and related equipment. The company develops and produces precision motors, motor systems, and components used in hard disk drives, optical and other electronic devices, automobiles, household appliances, commercial equipment, and industrial machinery.
Its product portfolio includes automotive traction motors and e-axle systems, appliance and commercial motors, industrial motors, fans, blowers, and motor-control technologies.
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