NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) shares fell 13.6% on Friday. The company traded as low as $12.29 and last traded at $12.29. Approximately 755 shares traded hands during trading, a decline of 82% from the average session volume of 4,125 shares. The stock had previously closed at $14.2250.
NSK Stock Down 13.6%
The business’s fifty day simple moving average is $14.25 and its 200 day simple moving average is $14.69. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 14.81 and a beta of 0.65. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.30.
NSK (OTCMKTS:NPSKY – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. NSK had a net margin of 3.24% and a return on equity of 4.48%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion.
NSK Company Profile
NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. The company supplies ball and roller bearings used in automobiles, industrial equipment, machine tools, wind turbines and other applications. Its products are designed to reduce friction, support rotating components and improve the efficiency and reliability of mechanical systems.
NSK also develops automotive components, including steering systems, drivetrain-related products and bearings for vehicle applications.
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