Nidec (OTCMKTS:NJDCY) Announces Earnings Results

Nidec (OTCMKTS:NJDCY) issued its earnings results on Wednesday. The industrial goods maker reported $0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.03, Yahoo Finance reports. Nidec had a return on equity of 6.95% and a net margin of 4.80%. The company had revenue of $4.34 billion for the quarter, compared to the consensus estimate of $4.13 billion.

Nidec Price Performance

NJDCY traded up $0.21 during trading on Friday, hitting $4.94. 317,772 shares of the company traded hands, compared to its average volume of 110,416. The company has a market cap of $47.13 billion, a PE ratio of 27.20, a P/E/G ratio of 0.64 and a beta of 1.11. Nidec has a 1 year low of $4.47 and a 1 year high of $6.63. The company has a current ratio of 1.73, a quick ratio of 1.12 and a debt-to-equity ratio of 0.30. The stock’s 50-day simple moving average is $9.09 and its two-hundred day simple moving average is $10.45.

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.