Nidec (OTCMKTS:NJDCY) Issues Earnings Results, Meets Estimates

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

Nidec Stock Up 3.4 %

Shares of Nidec stock opened at $5.11 on Friday. The company has a market capitalization of $48.75 billion, a P/E ratio of 28.23, a P/E/G ratio of 0.64 and a beta of 1.11. The company has a quick ratio of 1.12, a current ratio of 1.73 and a debt-to-equity ratio of 0.30. Nidec has a 52-week low of $4.47 and a 52-week high of $6.63. The company has a 50 day moving average of $8.98 and a 200 day moving average of $10.41.

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.