NSK (OTCMKTS:NPSKY) Shares Gap Down – Should You Sell?

NSK Ltd. (OTCMKTS:NPSKY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $15.55, but opened at $13.95. NSK shares last traded at $13.95, with a volume of 663 shares traded.

NSK Stock Performance

The company has a market cap of $3.41 billion, a PE ratio of 33.21 and a beta of 0.48. 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 firm’s 50-day simple moving average is $15.42 and its two-hundred day simple moving average is $12.93.

NSK (OTCMKTS:NPSKY) last released its earnings results on Tuesday, February 3rd. The company reported $0.11 earnings per share 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 analysts’ expectations of $1.52 billion.

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.