NSK (OTCMKTS:NPSKY) Shares Gap Down – Time to Sell?

Shares of NSK Ltd. (OTCMKTS:NPSKYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $14.11, but opened at $13.75. NSK shares last traded at $13.75, with a volume of 1,141 shares.

NSK Price Performance

The company has a 50-day simple moving average of $14.25 and a 200-day simple moving average of $14.76. The stock has a market cap of $3.36 billion, a PE ratio of 16.57 and a beta of 0.65. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.06 and a quick ratio of 1.40.

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

About NSK

(Get Free Report)

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.

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