Nidec (OTCMKTS:NJDCY) Issues Quarterly Earnings Results

Nidec (OTCMKTS:NJDCY) announced its earnings results on Thursday. The industrial goods maker reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01, Zacks reports. Nidec had a net margin of 3.77% and a return on equity of 5.58%.

Nidec Trading Up 1.3 %

OTCMKTS NJDCY opened at $4.63 on Friday. The firm has a market cap of $44.17 billion, a PE ratio of 33.07, a price-to-earnings-growth ratio of 0.47 and a beta of 1.08. Nidec has a 52 week low of $4.14 and a 52 week high of $6.63. The company has a quick ratio of 1.06, a current ratio of 1.67 and a debt-to-equity ratio of 0.31. The company has a 50 day moving average price of $4.53 and a 200 day moving average price of $7.31.

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.