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

NSK Ltd. (OTCMKTS:NPSKY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $15.75, but opened at $14.35. NSK shares last traded at $14.35, with a volume of 134 shares traded.

NSK Stock Performance

The business’s fifty day simple moving average is $15.26 and its 200 day simple moving average is $14.29. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.32. The stock has a market cap of $3.51 billion, a P/E ratio of 23.52 and a beta of 0.59.

NSK (OTCMKTS:NPSKY) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.08. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates 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.