Nabtesco (OTCMKTS:NCTKF – Get Free Report) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 95,522 shares, a decrease of 61.9% from the April 30th total of 250,744 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 37 shares, the days-to-cover ratio is presently 2,581.7 days.
Nabtesco Price Performance
NCTKF opened at $35.00 on Friday. The stock has a fifty day simple moving average of $27.79 and a two-hundred day simple moving average of $26.64. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.03. The company has a market cap of $4.10 billion, a price-to-earnings ratio of 38.46 and a beta of 0.10. Nabtesco has a 12-month low of $22.77 and a 12-month high of $37.00.
Nabtesco (OTCMKTS:NCTKF – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05. The firm had revenue of $524.07 million during the quarter, compared to the consensus estimate of $489.36 million.
About Nabtesco
Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.
Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.
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