Shares of NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $13.70, but opened at $15.00. NSK shares last traded at $15.00, with a volume of 121 shares trading hands.
NSK Stock Performance
The company’s 50-day moving average price is $14.30 and its 200 day moving average price is $14.87. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.54 and a current ratio of 2.30. The stock has a market capitalization of $3.67 billion, a PE ratio of 18.07 and a beta of 0.61.
NSK (OTCMKTS:NPSKY – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. NSK had a return on equity of 4.45% and a net margin of 3.24%.
About NSK
NSK Ltd. is a Japan-based manufacturer specializing in the design, production and sale of bearings, automotive components and precision machinery. Established in 1916 and headquartered in Tokyo, the company has built a reputation for high-quality rolling bearings, linear motion products and mechatronic systems used in a wide range of industrial and automotive applications.
The company’s product portfolio encompasses deep groove ball bearings, cylindrical roller bearings, spherical roller bearings and thin-section bearings, along with automotive steering and driveline components.
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