Nabtesco (OTCMKTS:NCTKF) Shares Gap Down – Should You Sell?

Nabtesco (OTCMKTS:NCTKF) gapped down prior to trading on Thursday . The stock had previously closed at $35.25, but opened at $32.65. Nabtesco shares last traded at $32.65, with a volume of 159 shares.

Nabtesco Stock Down 7.4%

The company has a 50-day moving average of $28.28 and a two-hundred day moving average of $26.89. The company has a market capitalization of $3.83 billion, a P/E ratio of 35.88 and a beta of 0.24. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.03.

Nabtesco (OTCMKTS:NCTKF) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05. The company had revenue of $524.07 million during the quarter, compared to the consensus estimate of $489.36 million.

Nabtesco Company Profile

Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.

Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.