NSK (OTCMKTS:NPSKY) Shares Gap Up – Still a Buy?

Shares of NSK Ltd. (OTCMKTS:NPSKY) gapped up before the market opened on Monday . The stock had previously closed at $16.42, but opened at $18.45. NSK shares last traded at $18.45, with a volume of 2,017 shares traded.

NSK Trading Up 12.4%

The business has a 50-day moving average price of $14.04 and a 200-day moving average price of $12.01. The firm has a market capitalization of $4.51 billion, a P/E ratio of 43.93 and a beta of 0.36. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.32.

NSK (OTCMKTS:NPSKY) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.03. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.52 billion.

NSK Company Profile

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.