NSK (OTCMKTS:NPSKY) Shares Gap Up – Here’s Why

Shares of NSK Ltd. (OTCMKTS:NPSKY) gapped up before the market opened on Monday . The stock had previously closed at $16.42, but opened at $18.45. NSK shares last traded at $18.45, with a volume of 2,017 shares trading hands.

NSK Stock Performance

The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $4.01 billion, a P/E ratio of 39.05 and a beta of 0.37. The business’s 50 day simple moving average is $14.28 and its two-hundred day simple moving average is $12.13.

NSK (OTCMKTS:NPSKY) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates 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.

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.