NSK (OTCMKTS:NPSKY) Announces Earnings Results, Beats Estimates By $0.07 EPS

NSK (OTCMKTS:NPSKY) posted its quarterly earnings data on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.07, Zacks reports. NSK had a return on equity of 3.28% and a net margin of 2.49%.

NSK Trading Up 2.9%

Shares of NSK stock traded up $0.40 during trading on Thursday, hitting $13.94. The stock had a trading volume of 558 shares, compared to its average volume of 7,137. NSK has a 1 year low of $9.80 and a 1 year high of $18.45. The stock has a 50 day simple moving average of $14.42 and a 200 day simple moving average of $14.84. The company has a quick ratio of 1.54, a current ratio of 2.30 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $3.41 billion, a PE ratio of 22.84 and a beta of 0.61.

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.