NSK (OTCMKTS:NPSKY – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07, Zacks reports. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion. NSK had a net margin of 2.49% and a return on equity of 3.28%.
NSK Stock Up 2.9%
NPSKY opened at $13.94 on Friday. The company has a market capitalization of $3.41 billion, a PE ratio of 22.84 and a beta of 0.61. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.30 and a quick ratio of 1.54. NSK has a fifty-two week low of $9.80 and a fifty-two week high of $18.45. The business has a 50-day moving average of $14.41 and a 200-day moving average of $14.85.
NSK Company Profile
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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