Nidec (OTCMKTS:NJDCY) Posts Earnings Results, Meets Expectations

Nidec (OTCMKTS:NJDCY) announced its quarterly earnings data 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 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 analysts’ expectations of $4.13 billion.

Nidec Stock Performance

Shares of NJDCY stock traded up $0.21 during trading on Friday, reaching $4.94. 317,772 shares of the company’s stock were exchanged, compared to its average volume of 110,416. The company has a quick ratio of 1.12, a current ratio of 1.73 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $47.13 billion, a PE ratio of 28.23, a PEG ratio of 0.64 and a beta of 1.11. Nidec has a twelve month low of $4.47 and a twelve month high of $6.63. The firm’s fifty day moving average price is $9.09 and its 200-day moving average price is $10.45.

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.