Nidec (OTCMKTS:NJDCY - Get Free Report) posted its quarterly earnings data on Thursday. The industrial goods maker reported $0.08 EPS for the quarter, beating 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 %
Nidec stock traded up $0.10 during trading on Thursday, reaching $4.57. The stock had a trading volume of 156,687 shares, compared to its average volume of 325,227. Nidec has a 52-week low of $4.14 and a 52-week high of $6.63. The business has a 50 day moving average price of $4.52 and a 200 day moving average price of $7.37. The company has a quick ratio of 1.06, a current ratio of 1.67 and a debt-to-equity ratio of 0.31. The stock 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.
About Nidec
(
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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.
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