NSK (OTCMKTS:NPSKY) Shares Gap Down – Here’s What Happened

NSK Ltd. (OTCMKTS:NPSKY – Get Free Report)’s stock price gapped down prior to trading on Monday. The stock had previously closed at $14.2250, but opened at $13.19. NSK shares last traded at $13.19, with a volume of 1,926 shares.

NSK Trading Up 26.6%

The business has a 50 day moving average of $14.23 and a 200 day moving average of $14.67. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 18.75 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:NPSKY – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.57 billion. NSK had a return on equity of 4.48% and a net margin of 3.24%.

NSK Company Profile

(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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