NSK (OTCMKTS:NPSKY) Shares Down 6.2% – What’s Next?

NSK Ltd. (OTCMKTS:NPSKY) traded down 6.2% during mid-day trading on Friday . The stock traded as low as $11.72 and last traded at $11.72. 800 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 1,586 shares. The stock had previously closed at $12.50.

NSK Stock Performance

The company has a current ratio of 2.12, a quick ratio of 1.50 and a debt-to-equity ratio of 0.31. The company has a market cap of $2.86 billion, a P/E ratio of 27.90 and a beta of 0.44. The firm’s fifty day moving average price is $10.35 and its 200-day moving average price is $9.67.

About NSK

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.