Nabtesco (OTCMKTS:NCTKF) Releases Earnings Results

Nabtesco (OTCMKTS:NCTKF) announced its earnings results on Thursday. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05, Zacks reports. The company had revenue of $524.07 million during the quarter, compared to the consensus estimate of $489.36 million.

Nabtesco Stock Performance

Shares of OTCMKTS NCTKF remained flat at $24.69 during trading on Friday. Nabtesco has a 52-week low of $22.77 and a 52-week high of $29.54. The stock has a market cap of $2.89 billion, a P/E ratio of 31.65 and a beta of 0.10. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $26.23 and a 200 day moving average of $25.43.

About Nabtesco

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.