Nidec Corporation (ADR) (NASDAQ:NJDCY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 28, 2016
Zacks Investment Research has upgraded Nidec Corporation (ADR) (NASDAQ:NJDCY) to Hold in a statement released on 11/29/2016.
Boasting a price of $22.60, Nidec Corporation (ADR) (NASDAQ:NJDCY) traded 0.27% higher on the day. With the last stock price close up 5.36% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Nidec Corporation (ADR) has recorded a 50-day average of $23.41 and a two hundred day average of $21.45. Volume of trade was down over the average, with 0 shares of NJDCY changing hands under the typical 16,788
With a total market value of $0, Nidec Corporation (ADR) has price-earnings ratio of 31.36 with a one year low of $15.97 and a one year high of $24.38 .
General Information About Nidec Corporation (ADR) (NASDAQ:NJDCY)
Nidec Corporation is engaged in manufacturing of electric motors and related components and equipment. The Company focuses on providing brushless direct current (DC) motors for the information technology (IT) industry. The Company operates through nine segments: Nidec Corporation, Nidec Electronics (Thailand), Nidec Singapore, Nidec (H.K.), Nidec Sankyo, Nidec Copal, Nidec Techno Motor, Nidec Motor, and Nidec Motors & Actuators. The Company offers products in five business groups: small precision motors; automotive, appliance, commercial and industrial products; machinery; electronic and optical components, and others. The Company offers small precision motors, such as hard disk drives spindle motors and other small precision motors for optical disk drives. It offers automotive, appliance, commercial and industrial products, such as automotive motors; power-train components, and sensors and electronic controls for power steering systems.
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