Nidec (OTCMKTS:NJDCY) Issues Earnings Results

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

Nidec Trading Down 1.3 %

NJDCY stock traded down $0.15 during mid-day trading on Thursday, reaching $11.37. 40,012 shares of the stock traded hands, compared to its average volume of 125,088. The company has a current ratio of 1.62, a quick ratio of 1.04 and a debt-to-equity ratio of 0.25. Nidec has a 52-week low of $8.94 and a 52-week high of $15.44. The company has a market cap of $26.23 billion, a P/E ratio of 29.54, a P/E/G ratio of 0.59 and a beta of 1.12. The stock’s fifty day moving average is $11.48 and its 200-day moving average is $10.59.

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.