Nabtesco (OTCMKTS:NCTKF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “Nabtesco Corporation manufactures and sells equipment in the areas of transportation, industry and livelihood-related fields. Its business segment includes Precision Reduction Gears, New Energy Equipment, Railroad Vehicle Equipment, Commercial Vehicle Equipment, Hydraulic and Aircraft Equipment, Packaging Machines and Welfare Equipment. Nabtesco Corporation is based in Tokyo, Japan. “

Separately, ValuEngine raised shares of Nabtesco from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd.

OTCMKTS NCTKF opened at $26.80 on Wednesday. Nabtesco has a 1-year low of $24.60 and a 1-year high of $48.90.

About Nabtesco

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. It operates through four segments: Precision Equipment, Transport Equipment, Aircraft and Oil Hydraulic Equipment, and Industrial Equipment. The Precision Equipment segment offers high precision reducers and actuators, wafer transfer units, vacuum pumps, vacuum valves, vacuum devices, rapid prototyping systems, solar tracking equipment, and actuation units for industrial robots, machine tools, factory automation systems, electronic devices, semiconductor manufacturing equipment, automobiles, and home electronic appliances.

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