NSK (OTCMKTS:NPSKY) Hits New 52-Week Low – What’s Next?

NSK Ltd. (OTCMKTS:NPSKYGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $6.44 and last traded at $6.44, with a volume of 74 shares changing hands. The stock had previously closed at $13.7820.

NSK Price Performance

The firm has a 50-day simple moving average of $12.46 and a two-hundred day simple moving average of $10.88. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 15.33 and a beta of 0.42. The company has a current ratio of 2.04, a quick ratio of 1.42 and a debt-to-equity ratio of 0.33.

About NSK

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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.

Further Reading

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