Shares of Nidec Corp. (OTCMKTS:NJDCY – Get Free Report) saw unusually-strong trading volume on Wednesday . 452,325 shares traded hands during 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 Stock Down 1.5%
The company has a market capitalization of $37.97 billion, a PE ratio of 15.31 and a beta of 1.29. The firm’s 50-day moving average is $4.00 and its 200-day moving average is $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.
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