Nabtesco (OTCMKTS:NCTKF – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $28.14, but opened at $30.00. Nabtesco shares last traded at $30.00, with a volume of 260 shares traded.
Nabtesco Stock Up 6.6%
The stock has a market cap of $3.52 billion, a P/E ratio of 28.85 and a beta of 0.28. The company has a 50-day simple moving average of $29.39 and a two-hundred day simple moving average of $29.42.
Nabtesco (OTCMKTS:NCTKF – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.17. The firm had revenue of $518.78 million during the quarter, compared to the consensus estimate of $497.88 million.
About Nabtesco
Nabtesco Corporation is a Japanese manufacturer of motion-control and mechanical systems used in industrial, transportation, aerospace and building applications. Its products include precision reduction gears for industrial robots, motion-control components, hydraulic equipment, railway vehicle systems, aircraft equipment, automatic door systems and marine-related machinery.
The company serves original equipment manufacturers and infrastructure operators in Japan and international markets.
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