Nidec (OTCMKTS:NJDCY) Releases Earnings Results, Hits 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 the consensus estimate 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 analyst estimates of $4.13 billion.

Nidec Stock Performance

OTCMKTS:NJDCY traded up $0.17 during trading hours on Friday, reaching $5.11. The stock had a trading volume of 112,495 shares, compared to its average volume of 227,162. Nidec has a 12-month low of $4.47 and a 12-month high of $6.63. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.12 and a current ratio of 1.73. The stock has a 50 day simple moving average of $8.98 and a 200 day simple moving average of $10.41. The stock has a market cap of $48.75 billion, a P/E ratio of 28.23, a price-to-earnings-growth ratio of 0.64 and a beta of 1.11.

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.