NSK (OTCMKTS:NPSKY) Shares Gap Down – Here’s What Happened

NSK Ltd. (OTCMKTS:NPSKY)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $14.9275, but opened at $14.25. NSK shares last traded at $14.25, with a volume of 726 shares trading hands.

NSK Price Performance

The stock has a market cap of $3.47 billion, a PE ratio of 17.11 and a beta of 0.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.54 and a current ratio of 2.30. The business has a 50 day moving average price of $14.28 and a two-hundred day moving average price of $15.02.

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

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.