NSK (OTCMKTS:NPSKY) Shares Gap Up – Should You Buy?

NSK Ltd. (OTCMKTS:NPSKY)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $12.29, but opened at $14.75. NSK shares last traded at $14.75, with a volume of 857 shares trading hands.

NSK Price Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 2.06 and a quick ratio of 1.40. The stock’s 50 day moving average price is $14.21 and its two-hundred day moving average price is $14.66. The firm has a market capitalization of $3.61 billion, a price-to-earnings ratio of 17.77 and a beta of 0.65.

NSK (OTCMKTS:NPSKY) last posted its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. NSK had a net margin of 3.24% and a return on equity of 4.48%.

NSK Company Profile

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.