Nidec (OTCMKTS:NJDCY) Shares Gap Down - What's Next?

Nidec Corp. (OTCMKTS:NJDCY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $4.57, but opened at $4.36. Nidec shares last traded at $4.58, with a volume of 20,938 shares.

Nidec Stock Up 1.1%

The company has a market capitalization of $44.36 billion, a price-to-earnings ratio of 19.38, a P/E/G ratio of 0.71 and a beta of 1.12. The stock's fifty day simple moving average is $4.83 and its two-hundred day simple moving average is $4.47. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.00 and a current ratio of 1.53.

Nidec (OTCMKTS:NJDCY - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The industrial goods maker reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.03). Nidec had a net margin of 6.41% and a return on equity of 9.56%. The company had revenue of $4.64 billion during the quarter, compared to the consensus estimate of $650.52 billion. On average, sell-side analysts anticipate that Nidec Corp. will post 0.25 EPS for the current year.

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.