NSK (OTCMKTS:NPSKY) Hits New 52-Week High – Time to Buy?

Shares of NSK Ltd. (OTCMKTS:NPSKY) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $18.0182 and last traded at $18.0182, with a volume of 148 shares. The stock had previously closed at $16.42.

NSK Stock Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.42 and a current ratio of 2.14. The stock has a market cap of $4.51 billion, a PE ratio of 43.93 and a beta of 0.43. The firm has a fifty day moving average price of $14.04 and a 200 day moving average price of $12.00.

NSK (OTCMKTS:NPSKY) last announced its earnings results on Tuesday, February 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.03. The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.52 billion.

About NSK

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.