Nidec Co. (OTCMKTS:NJDCY) Short Interest Update

Nidec Co. (OTCMKTS:NJDCY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 107,500 shares, a drop of 76.6% from the January 31st total of 459,900 shares. Based on an average trading volume of 387,800 shares, the short-interest ratio is presently 0.3 days.

Nidec Stock Performance

OTCMKTS NJDCY traded down $0.09 on Friday, reaching $4.46. 118,182 shares of the stock were exchanged, compared to its average volume of 257,966. Nidec has a one year low of $4.00 and a one year high of $6.63. The firm has a market capitalization of $42.55 billion, a PE ratio of 27.88, a PEG ratio of 0.62 and a beta of 1.08. The company’s 50-day simple moving average is $4.45 and its two-hundred day simple moving average is $6.21. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.27.

Nidec (OTCMKTS:NJDCY) last released its quarterly earnings data on Thursday, January 23rd. The industrial goods maker reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. Nidec had a net margin of 4.41% and a return on equity of 6.45%. Analysts expect that Nidec will post 0.25 EPS for the current fiscal year.

About Nidec

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components.