Nabtesco (OTCMKTS:NCTKF) Shares Gap Up – Still a Buy?

Nabtesco (OTCMKTS:NCTKF)’s share price gapped up before the market opened on Friday . The stock had previously closed at $24.6908, but opened at $34.59. Nabtesco shares last traded at $34.59, with a volume of 100 shares traded.

Nabtesco Stock Up 40.1%

The stock has a fifty day moving average of $26.90 and a 200 day moving average of $26.16. The firm has a market capitalization of $4.05 billion, a P/E ratio of 38.01 and a beta of 0.10. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.51.

Nabtesco (OTCMKTS:NCTKF) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05. The business had revenue of $524.07 million for the quarter, compared to the consensus estimate of $489.36 million.

About Nabtesco

Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.

Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.