NSK (OTCMKTS:NPSKY) Stock Price Up 9.2% – Still a Buy?

NSK Ltd. (OTCMKTS:NPSKY) shares shot up 9.2% during trading on Monday . The stock traded as high as $14.7840 and last traded at $14.7840. Approximately 113 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 4,972 shares. The stock had previously closed at $13.54.

NSK Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 2.30 and a quick ratio of 1.54. The company has a market capitalization of $3.65 billion, a PE ratio of 17.98 and a beta of 0.61. The company has a 50 day moving average of $14.29 and a two-hundred day moving average of $14.88.

NSK (OTCMKTS:NPSKY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.57 billion. NSK had a return on equity of 4.45% and a net margin of 3.24%.

About NSK

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.