NSK (OTCMKTS:NPSKY) Sets New 1-Year High – Should You Buy?

NSK Ltd. (OTCMKTS:NPSKYGet Free Report) reached a new 52-week high on Friday . The stock traded as high as $18.0182 and last traded at $18.0182, with a volume of 148 shares trading hands. The stock had previously closed at $16.42.

NSK Stock Up 11.1%

The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 43.45 and a beta of 0.43. The business has a 50 day moving average of $13.92 and a 200 day moving average of $11.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.42.

NSK (OTCMKTS:NPSKYGet Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.52 billion.

About NSK

(Get Free Report)

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.

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