NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 822 shares, an increase of 410.6% from the August 15th total of 161 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 612 shares, the short-interest ratio is presently 1.3 days.
NSK Price Performance
NSK stock remained flat at $14.11 during mid-day trading on Friday. 561 shares of the company’s stock traded hands, compared to its average volume of 420. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.30. The stock has a market cap of $3.45 billion, a PE ratio of 17.00 and a beta of 0.65. The business has a 50 day moving average of $14.33 and a 200 day moving average of $14.87. NSK has a 1-year low of $9.88 and a 1-year high of $18.45.
NSK (OTCMKTS:NPSKY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. NSK had a return on equity of 4.48% and a net margin of 3.24%.The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.57 billion.
NSK Company Profile
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.
Further Reading
- Five stocks we like better than NSK
- Oracle’s AI Spending Is Still Huge, But the Payoff Is Starting to Show in Earnings
- TSMC Revenue Jumps 53% in August, Signaling Strong AI Chip Demand
- This AI ETF Is Missing the Biggest AI Winners
- Could Snowflake’s Big Quarter Be a Sign of More to Come?
Receive News & Ratings for NSK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NSK and related companies with MarketBeat.com's FREE daily email newsletter.
