Separately, Zacks Investment Research lowered shares of GenMark Diagnostics from a hold rating to a sell rating in a research report on Wednesday, April 24th.
Nidec stock opened at $33.85 on Thursday. 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 1-year low of $26.02 and a 1-year high of $39.31. The stock has a market cap of $40.09 billion, a price-to-earnings ratio of 39.82, a P/E/G ratio of 2.47 and a beta of 1.21. The stock has a 50-day moving average price of $32.80.
Nidec Company Profile
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.
Recommended Story: Earnings Per Share
To view ValuEngine’s full report, visit ValuEngine’s official website.
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.