Nabtesco (OTCMKTS:NCTKF) Sets New 1-Year High – Here’s Why

Nabtesco (OTCMKTS:NCTKFGet Free Report)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $22.81 and last traded at $22.81, with a volume of 100 shares traded. The stock had previously closed at $22.81.

Nabtesco Price Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.43 and a current ratio of 1.92. The company has a 50-day moving average of $20.82 and a 200 day moving average of $17.64. The firm has a market cap of $2.74 billion, a P/E ratio of 29.24 and a beta of -0.06.

About Nabtesco

(Get Free Report)

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots’ joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.

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