NSK (OTCMKTS:NPSKY) Shares Gap Down – Should You Sell?

NSK Ltd. (OTCMKTS:NPSKYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $14.11, but opened at $13.75. NSK shares last traded at $13.75, with a volume of 1,141 shares changing hands.

NSK Price Performance

The stock has a 50 day moving average of $14.27 and a 200-day moving average of $14.80. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.40 and a current ratio of 2.06. The company has a market cap of $3.36 billion, a PE ratio of 16.57 and a beta of 0.65.

NSK (OTCMKTS:NPSKYGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.57 billion.

NSK Company Profile

(Get Free Report)

NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. The company supplies ball and roller bearings used in automobiles, industrial equipment, machine tools, wind turbines and other applications. Its products are designed to reduce friction, support rotating components and improve the efficiency and reliability of mechanical systems.

NSK also develops automotive components, including steering systems, drivetrain-related products and bearings for vehicle applications.

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