Nidec (OTCMKTS:NJDCY) Issues Quarterly Earnings Results

Nidec (OTCMKTS:NJDCY) released its earnings results on Tuesday. The industrial goods maker reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03, Zacks reports. Nidec had a net margin of 4.80% and a return on equity of 7.01%. The firm had revenue of $4.16 billion during the quarter, compared to analyst estimates of $4.01 billion.

Nidec Stock Performance

Shares of Nidec stock traded down $0.15 during trading on Thursday, hitting $11.37. 40,012 shares of the stock were exchanged, compared to its average volume of 125,088. The stock’s fifty day moving average is $11.48 and its 200 day moving average is $10.59. The stock has a market cap of $26.23 billion, a PE ratio of 29.54, a P/E/G ratio of 0.59 and a beta of 1.12. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.04 and a current ratio of 1.62. Nidec has a 12 month low of $8.94 and a 12 month high of $15.44.

Nidec Company Profile

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.