NSK (OTCMKTS:NPSKY) Shares Gap Up – Here’s What Happened

NSK Ltd. (OTCMKTS:NPSKY) shares gapped up prior to trading on Friday . The stock had previously closed at $15.30, but opened at $16.25. NSK shares last traded at $16.25, with a volume of 350 shares trading hands.

NSK Trading Up 0.5%

The business’s 50-day moving average price is $15.34 and its 200 day moving average price is $13.51. The company has a market cap of $3.98 billion, a P/E ratio of 38.69 and a beta of 0.48. 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 posted its earnings results on Tuesday, February 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates 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.