NSK (OTCMKTS:NPSKY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of NSK Ltd. (OTCMKTS:NPSKY) saw unusually-strong trading volume on Tuesday . Approximately 25,169 shares changed hands during mid-day trading, an increase of 285% from the previous session’s volume of 6,545 shares.The stock last traded at $15.40 and had previously closed at $15.80.

NSK Stock Up 6.2%

The company has a market cap of $3.77 billion, a PE ratio of 36.67 and a beta of 0.37. The stock’s 50 day moving average price is $14.96 and its 200-day moving average price is $12.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.45 and a current ratio of 2.14.

NSK (OTCMKTS:NPSKY) last issued its earnings results on Tuesday, February 3rd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.52 billion.

About NSK

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.