Nabtesco (OTCMKTS:NCTKF) Shares Gap Up – Still a Buy?

Nabtesco (OTCMKTS:NCTKFGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $28.24, but opened at $29.9160. Nabtesco shares last traded at $29.9160, with a volume of 200 shares trading hands.

Nabtesco Trading Up 4.7%

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.51 and a current ratio of 1.90. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 32.87 and a beta of 0.28. The company’s 50 day simple moving average is $31.34 and its two-hundred day simple moving average is $29.32.

Nabtesco (OTCMKTS:NCTKFGet Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.17. The firm had revenue of $518.78 million for the quarter, compared to analyst estimates of $497.88 million.

About Nabtesco

(Get Free Report)

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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