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

NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $11.56, but opened at $12.98. NSK shares last traded at $12.98, with a volume of 233 shares.

NSK Stock Performance

The stock has a market cap of $3.10 billion, a price-to-earnings ratio of 15.29 and a beta of 0.69. The firm’s 50-day moving average is $13.63 and its two-hundred day moving average is $14.65. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.30.

About NSK

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NSK Ltd. is a Japanese manufacturer of bearings and precision machinery products. Founded in 1916, the company was Japan’s first manufacturer of bearings and has since expanded its portfolio to serve industrial and automotive markets. Its products include bearings, linear motion systems, ball screws and automotive components such as steering systems. These products are used in applications ranging from factory equipment and machine tools to vehicles and other industrial machinery. Headquartered in Tokyo, NSK serves customers around the world through its international manufacturing and sales operations.

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