Nabtesco (OTCMKTS:NCTKF) Short Interest Update

Nabtesco (OTCMKTS:NCTKF) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 95,522 shares, a decrease of 61.9% from the April 30th total of 250,744 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 37 shares, the days-to-cover ratio is currently 2,581.7 days.

Nabtesco Price Performance

Shares of Nabtesco stock opened at $35.00 on Friday. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.03. The company has a market cap of $4.10 billion, a PE ratio of 38.46 and a beta of 0.10. The business has a 50 day moving average of $27.79 and a 200 day moving average of $26.64. Nabtesco has a 52 week low of $22.77 and a 52 week high of $37.00.

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

About Nabtesco

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.