Nidec (OTCMKTS:NJDCY) Announces Quarterly Earnings Results

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

Nidec Stock Performance

NJDCY stock opened at $4.63 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.67 and a quick ratio of 1.06. Nidec has a 1-year low of $4.14 and a 1-year high of $6.63. The business has a 50-day moving average price of $4.53 and a 200 day moving average price of $7.31. The company has a market capitalization of $44.17 billion, a P/E ratio of 33.07, a PEG ratio of 0.47 and a beta of 1.08.

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.