NSK (OTCMKTS:NPSKY) Shares Gap Down – What’s Next?

NSK Ltd. (OTCMKTS:NPSKY)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $16.40, but opened at $14.5250. NSK shares last traded at $14.5250, with a volume of 237 shares trading hands.

NSK Stock Performance

The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.32. The business’s 50 day simple moving average is $14.67 and its two-hundred day simple moving average is $12.37. The stock has a market cap of $3.55 billion, a P/E ratio of 34.58 and a beta of 0.37.

NSK (OTCMKTS:NPSKY) last issued its earnings results on Tuesday, February 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.03. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.52 billion.

About NSK

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.