NSK (OTCMKTS:NPSKY) Shares Gap Up – Still a Buy?

NSK Ltd. (OTCMKTS:NPSKY) gapped up prior to trading on Tuesday . The stock had previously closed at $15.22, but opened at $17.00. NSK shares last traded at $17.00, with a volume of 100 shares trading hands.

NSK Trading Down 2.3%

The stock has a market cap of $4.16 billion, a PE ratio of 40.48 and a beta of 0.43. The stock has a 50-day moving average price of $13.30 and a two-hundred day moving average price of $11.57. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.04 and a quick ratio of 1.42.

NSK (OTCMKTS:NPSKY) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The firm had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.52 billion.

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.