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

Shares of NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $14.11, but opened at $12.59. NSK shares last traded at $12.59, with a volume of 456 shares.

NSK Price Performance

The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.30. The company’s fifty day moving average is $13.98 and its two-hundred day moving average is $14.63. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of 15.17 and a beta of 0.69.

NSK Company Profile

(Get Free Report)

NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. Founded in 1916, the company supplies components used in automotive, industrial machinery, machine tools, semiconductor manufacturing equipment and other applications.

NSK’s product portfolio includes ball bearings, roller bearings, hub units, automotive steering systems, electric power steering components, ball screws, linear guides and other precision motion-control products. Its technologies are designed to support reduced friction, accurate movement, durability and energy efficiency across a range of industrial and transportation applications.

Headquartered in Tokyo, NSK serves customers worldwide through a network of manufacturing, research and development, sales and service operations across Japan, the Americas, Europe and Asia.

Further Reading

Receive News & Ratings for NSK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NSK and related companies with MarketBeat.com's FREE daily email newsletter.