Shares of NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $14.2250, but opened at $13.19. NSK shares last traded at $13.19, with a volume of 1,926 shares traded.
NSK Price Performance
The company’s fifty day moving average is $14.20 and its 200 day moving average is $14.66. The firm has a market cap of $3.42 billion, a price-to-earnings ratio of 16.82 and a beta of 0.65. The company has a quick ratio of 1.40, a current ratio of 2.06 and a debt-to-equity ratio of 0.30.
NSK (OTCMKTS:NPSKY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.07. NSK had a net margin of 3.24% and a return on equity of 4.48%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion.
About NSK
NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. The company supplies ball and roller bearings used in automobiles, industrial equipment, machine tools, wind turbines and other applications. Its products are designed to reduce friction, support rotating components and improve the efficiency and reliability of mechanical systems.
NSK also develops automotive components, including steering systems, drivetrain-related products and bearings for vehicle applications.
Further Reading
- Five stocks we like better than NSK
- Bitcoin Is Bouncing Back—Here are 2 Ways to Play the Rebound
- The Bull Case for Amprius Technologies Just Got Stronger
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
Receive News & Ratings for NSK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NSK and related companies with MarketBeat.com's FREE daily email newsletter.
