NSK (OTCMKTS:NPSKY) Announces Quarterly Earnings Results

NSK (OTCMKTS:NPSKY) issued its quarterly earnings data on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.07, Zacks reports. NSK had a return on equity of 3.28% and a net margin of 2.49%.

NSK Price Performance

NPSKY stock traded up $0.40 during trading on Thursday, hitting $13.94. The stock had a trading volume of 558 shares, compared to its average volume of 7,137. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 22.84 and a beta of 0.61. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.54 and a current ratio of 2.30. The company’s 50 day moving average price is $14.42 and its two-hundred day moving average price is $14.84. NSK has a 1-year low of $9.80 and a 1-year high of $18.45.

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.