NSK (OTCMKTS:NPSKY) Shares Gap Up – Should You Buy?

Shares of NSK Ltd. (OTCMKTS:NPSKY) gapped up prior to trading on Thursday . The stock had previously closed at $13.70, but opened at $15.00. NSK shares last traded at $15.00, with a volume of 121 shares changing hands.

NSK Price Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 2.30 and a quick ratio of 1.54. The firm has a market capitalization of $3.67 billion, a price-to-earnings ratio of 18.07 and a beta of 0.61. The business’s fifty day simple moving average is $14.29 and its 200 day simple moving average is $14.87.

NSK (OTCMKTS:NPSKY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. NSK had a return on equity of 4.45% and a net margin of 3.24%.

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.