NSK (OTCMKTS:NPSKY) Shares Gap Down – Should You Sell?

NSK Ltd. (OTCMKTS:NPSKY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $16.7375, but opened at $15.2750. NSK shares last traded at $15.1675, with a volume of 1,896 shares.

NSK Price Performance

The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 24.87 and a beta of 0.61. The company’s 50 day simple moving average is $15.21 and its 200-day simple moving average is $13.93. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.32.

NSK (OTCMKTS:NPSKY) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.24 earnings per share (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 company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.59 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.