Nidec (OTCMKTS:NJDCY) Issues Quarterly Earnings Results

Nidec (OTCMKTS:NJDCY) posted its earnings results on Tuesday. The industrial goods maker reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03, Zacks reports. Nidec had a return on equity of 7.01% and a net margin of 4.80%. The business had revenue of $4.16 billion during the quarter, compared to analyst estimates of $4.01 billion.

Nidec Price Performance

NJDCY stock opened at $11.37 on Friday. The firm has a 50 day moving average of $11.48 and a 200-day moving average of $10.59. The company has a current ratio of 1.62, a quick ratio of 1.04 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $26.55 billion, a P/E ratio of 32.91, a price-to-earnings-growth ratio of 0.61 and a beta of 1.12. Nidec has a 12 month low of $8.94 and a 12 month high of $15.44.

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.