NSK (OTCMKTS:NPSKY) Shares Gap Up – Should You Buy?

NSK Ltd. (OTCMKTS:NPSKY – Get Free Report)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $12.29, but opened at $14.75. NSK shares last traded at $14.75, with a volume of 857 shares changing hands.

NSK Price Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 2.06 and a quick ratio of 1.40. The stock has a market capitalization of $3.61 billion, a P/E ratio of 17.77 and a beta of 0.65. The stock’s fifty day moving average is $14.21 and its 200-day moving average is $14.66.

NSK (OTCMKTS:NPSKY – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07. NSK had a return on equity of 4.48% and a net margin of 3.24%.The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion.

About NSK

(Get Free Report)

NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. The company supplies ball and roller bearings used in automobiles, industrial equipment, machine tools, wind turbines and other applications. Its products are designed to reduce friction, support rotating components and improve the efficiency and reliability of mechanical systems.

NSK also develops automotive components, including steering systems, drivetrain-related products and bearings for vehicle applications.

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