NSK (OTCMKTS:NPSKY) Stock Price Passes Below 50 Day Moving Average – Here’s Why

NSK Ltd. (OTCMKTS:NPSKY) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.15 and traded as low as $9.88. NSK shares last traded at $9.88, with a volume of 572 shares trading hands.

NSK Price Performance

The stock has a fifty day simple moving average of $10.15 and a 200-day simple moving average of $9.37. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.50 and a current ratio of 2.12.

NSK (OTCMKTS:NPSKY) last released its earnings results on Thursday, July 31st. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.05). The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.38 billion.

NSK Company Profile

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.