NSK (OTCMKTS:NPSKY) Shares Gap Up – Still a Buy?

NSK Ltd. (OTCMKTS:NPSKY) shares gapped up prior to trading on Friday . The stock had previously closed at $14.38, but opened at $15.45. NSK shares last traded at $15.45, with a volume of 173 shares changing hands.

NSK Price Performance

The company has a 50 day moving average of $15.22 and a 200-day moving average of $14.43. The firm has a market capitalization of $3.78 billion, a P/E ratio of 25.33 and a beta of 0.58. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.32.

NSK (OTCMKTS:NPSKY) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.08. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.59 billion. NSK had a return on equity of 3.28% and a net margin of 2.49%.

NSK Company Profile

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.