NSK (OTCMKTS:NPSKY) Shares Gap Up – What’s Next?

NSK Ltd. (OTCMKTS:NPSKY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $14.20, but opened at $14.88. NSK shares last traded at $14.88, with a volume of 1,115 shares trading hands.

NSK Stock Performance

The company has a current ratio of 2.06, a quick ratio of 1.54 and a debt-to-equity ratio of 0.30. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 17.93 and a beta of 0.65. The stock has a 50 day moving average price of $14.35 and a two-hundred day moving average price of $14.97.

NSK (OTCMKTS:NPSKY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. NSK had a return on equity of 4.48% and a net margin of 3.24%.The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.57 billion.

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.