NSK (OTCMKTS:NPSKY) Shares Gap Up – Still a Buy?

Shares of NSK Ltd. (OTCMKTS:NPSKY) gapped up prior to trading on Monday . The stock had previously closed at $13.50, but opened at $14.13. NSK shares last traded at $14.13, with a volume of 154 shares traded.

NSK Stock Performance

The company has a current ratio of 2.30, a quick ratio of 1.54 and a debt-to-equity ratio of 0.32. The company has a market cap of $3.46 billion, a PE ratio of 23.16 and a beta of 0.61. The firm’s 50-day simple moving average is $14.74 and its two-hundred day simple moving average is $14.77.

NSK (OTCMKTS:NPSKY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.08. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.59 billion. NSK had a net margin of 2.49% and a return on equity of 3.28%.

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.