Nidec (OTCMKTS:NJDCY) Shares Gap Down - Time to Sell?

Nidec Corp. (OTCMKTS:NJDCY - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $4.65, but opened at $4.48. Nidec shares last traded at $4.69, with a volume of 14,157 shares traded.

Nidec Stock Up 0.4%

The firm has a market capitalization of $44.55 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 0.74 and a beta of 1.12. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.00 and a current ratio of 1.53. The firm's 50-day moving average is $4.83 and its 200 day moving average is $4.48.

Nidec (OTCMKTS:NJDCY - Get Free Report) last posted its earnings results on Thursday, April 24th. The industrial goods maker reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.03). The business had revenue of $4.64 billion for the quarter, compared to analyst estimates of $650.52 billion. Nidec had a return on equity of 9.56% and a net margin of 6.41%. As a group, research analysts forecast that Nidec Corp. will post 0.25 earnings per share for the current fiscal 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.