Nabtesco (OTCMKTS:NCTKF) Shares Gap Down – Time to Sell?

Shares of Nabtesco (OTCMKTS:NCTKF) gapped down before the market opened on Thursday . The stock had previously closed at $35.25, but opened at $32.65. Nabtesco shares last traded at $32.65, with a volume of 159 shares trading hands.

Nabtesco Trading Down 7.4%

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.51. The company has a market cap of $3.83 billion, a PE ratio of 35.88 and a beta of 0.24. The firm’s 50 day moving average is $28.28 and its 200 day moving average is $26.89.

Nabtesco (OTCMKTS:NCTKF) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.05. The business had revenue of $524.07 million during the quarter, compared to analysts’ expectations of $489.36 million.

About Nabtesco

Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.

Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.