Shares of Nabtesco (OTCMKTS:NCTKF – Get Free Report) saw strong trading volume on Friday after the company announced better than expected quarterly earnings. 285 shares traded hands during mid-day trading, an increase of 22% from the previous session’s volume of 233 shares.The stock last traded at $28.57 and had previously closed at $30.2750.
The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.17.
Nabtesco Stock Up 1.2%
The company has a market capitalization of $3.35 billion, a P/E ratio of 31.40 and a beta of 0.27. The company has a 50-day moving average of $32.80 and a two-hundred day moving average of $29.06. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.03.
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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