NSK (OTCMKTS:NPSKY) Shares Gap Up – Time to Buy?

NSK Ltd. (OTCMKTS:NPSKY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $13.77, but opened at $15.75. NSK shares last traded at $15.75, with a volume of 410 shares changing hands.

NSK Stock Up 14.4%

The firm has a market capitalization of $3.85 billion, a PE ratio of 25.82 and a beta of 0.61. The company has a fifty day simple moving average of $15.26 and a two-hundred day simple moving average of $14.24. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.45 and a current ratio of 2.14.

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