NSK Ltd. (OTCMKTS:NPSKY) Short Interest Update

NSK Ltd. (OTCMKTS:NPSKY) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 287 shares, a decline of 44.9% from the May 14th total of 521 shares. Based on an average daily volume of 354 shares, the short-interest ratio is presently 0.8 days. Currently, 0.0% of the company’s stock are sold short.

NSK Price Performance

Shares of NPSKY stock remained flat at $15.45 during mid-day trading on Tuesday. 176 shares of the company’s stock traded hands, compared to its average volume of 217. NSK has a 1-year low of $8.98 and a 1-year high of $18.45. The stock has a market capitalization of $3.78 billion, a PE ratio of 25.33 and a beta of 0.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.45 and a current ratio of 2.14. The stock’s 50-day moving average price is $15.25 and its two-hundred day moving average price is $14.47.

NSK (OTCMKTS:NPSKY) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.08. NSK had a net margin of 2.49% and a return on equity of 3.28%. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.59 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.