Nabtesco (OTCMKTS:NCTKF) Short Interest Update

Nabtesco (OTCMKTS:NCTKF) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 211,168 shares, an increase of 81.6% from the June 30th total of 116,262 shares. Based on an average daily volume of 116 shares, the short-interest ratio is presently 1,820.4 days. Currently, 0.2% of the shares of the stock are short sold.

Nabtesco Price Performance

NCTKF stock remained flat at $28.24 during trading on Thursday. The firm has a market capitalization of $3.31 billion, a P/E ratio of 31.03 and a beta of 0.27. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.51. The company’s 50 day simple moving average is $32.98 and its 200 day simple moving average is $29.05. Nabtesco has a 12 month low of $22.77 and a 12 month high of $37.00.

Nabtesco (OTCMKTS:NCTKF) last issued its earnings results on Thursday, April 30th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.05. The company had revenue of $524.07 million during 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.