NSK (OTCMKTS:NPSKY) Shares Gap Down – What’s Next?

NSK Ltd. (OTCMKTS:NPSKY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $15.55, but opened at $13.95. NSK shares last traded at $13.95, with a volume of 663 shares.

NSK Trading Down 5.7%

The company has a market cap of $3.72 billion, a P/E ratio of 36.19 and a beta of 0.48. 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 business has a 50 day moving average price of $15.46 and a 200-day moving average price of $12.98.

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