NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 521 shares, an increase of 199.4% from the April 30th total of 174 shares. Based on an average daily trading volume, of 539 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are short sold.
NSK Stock Performance
Shares of NSK stock traded up $0.94 during mid-day trading on Friday, hitting $15.75. 420 shares of the stock were exchanged, compared to its average volume of 207. NSK has a 12 month low of $8.98 and a 12 month high of $18.45. The company has a 50-day simple moving average of $15.27 and a 200 day simple moving average of $14.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.45 and a current ratio of 2.14. The company has a market capitalization of $3.85 billion, a P/E ratio of 25.82 and a beta of 0.61.
NSK (OTCMKTS:NPSKY – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.16 by $0.08. NSK had a net margin of 2.49% and a return on equity of 3.28%. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.59 billion.
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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