Nabtesco (OTCMKTS:NCTKF) Shares Gap Up – Time to Buy?

Shares of Nabtesco (OTCMKTS:NCTKF) gapped up prior to trading on Thursday . The stock had previously closed at $27.75, but opened at $37.00. Nabtesco shares last traded at $37.00, with a volume of 203 shares.

Nabtesco Stock Performance

The company has a market cap of $4.34 billion, a P/E ratio of 47.44 and a beta of 0.10. The stock’s 50-day moving average price is $25.80 and its 200 day moving average price is $25.56. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.03.

Nabtesco (OTCMKTS:NCTKF) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.05. The business had revenue of $524.07 million for the quarter, compared to analyst estimates of $489.36 million.

Nabtesco Company Profile

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.