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 (EPS) for the quarter, topping the consensus estimate 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 Stock Up 2.2 %

Shares of OTCMKTS:NJDCY opened at $4.57 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.67 and a quick ratio of 1.06. The stock’s 50-day moving average is $4.52 and its 200 day moving average is $7.37. The company has a market cap of $43.60 billion, a PE ratio of 32.64, a P/E/G ratio of 0.47 and a beta of 1.08. Nidec has a 1 year low of $4.14 and a 1 year high of $6.63.

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.