Nabtesco (OTCMKTS:NCTKF) Shares Gap Up – What’s Next?

Shares of Nabtesco (OTCMKTS:NCTKF) gapped up prior to trading on Friday . The stock had previously closed at $24.6908, but opened at $34.59. Nabtesco shares last traded at $34.59, with a volume of 100 shares traded.

Nabtesco Trading Down 6.5%

The firm has a market cap of $4.05 billion, a P/E ratio of 38.01 and a beta of 0.10. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.03. The firm’s 50-day simple moving average is $27.03 and its 200 day simple moving average is $26.22.

Nabtesco (OTCMKTS:NCTKF) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.25 by $0.05. The company had revenue of $524.07 million during the quarter, compared to the consensus estimate 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.