NSK (OTCMKTS:NPSKY) Shares Gap Up – Here’s Why

Shares of NSK Ltd. (OTCMKTS:NPSKYGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $11.72, but opened at $12.45. NSK shares last traded at $12.45, with a volume of 1,510 shares changing hands.

NSK Stock Up 6.2%

The company has a quick ratio of 1.50, a current ratio of 2.12 and a debt-to-equity ratio of 0.31. The stock’s 50-day simple moving average is $10.38 and its 200 day simple moving average is $9.71. The firm has a market cap of $3.04 billion, a P/E ratio of 29.64 and a beta of 0.44.

NSK Company Profile

(Get Free Report)

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.

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