NSK (OTCMKTS:NPSKY) Sets New 12-Month Low – Here’s Why

Shares of NSK Ltd. (OTCMKTS:NPSKY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $6.44 and last traded at $6.44, with a volume of 74 shares traded. The stock had previously closed at $13.7820.

NSK Trading Up 1.6%

The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 33.33 and a beta of 0.42. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.42 and a current ratio of 2.04. The company has a 50 day moving average price of $12.40 and a 200 day moving average price of $10.88.

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.