Nidec (OTCMKTS:NJDCY – Get Free Report) issued its quarterly earnings results on Wednesday. The industrial goods maker reported $0.03 earnings per share for the quarter, hitting the consensus estimate of $0.03, Yahoo Finance reports. The firm had revenue of $4.34 billion during the quarter, compared to the consensus estimate of $4.13 billion. Nidec had a return on equity of 6.95% and a net margin of 4.80%.
Nidec Stock Performance
Shares of OTCMKTS:NJDCY traded up $0.21 during midday trading on Friday, hitting $4.94. The stock had a trading volume of 317,772 shares, compared to its average volume of 110,416. The company has a market capitalization of $47.13 billion, a PE ratio of 28.23, a P/E/G ratio of 0.64 and a beta of 1.11. Nidec has a 1 year low of $4.47 and a 1 year high of $6.63. The stock has a 50 day moving average price of $9.09 and a two-hundred day moving average price of $10.45. The company has a current ratio of 1.73, a quick ratio of 1.12 and a debt-to-equity ratio of 0.30.
Nidec Company Profile
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