NSK (OTCMKTS:NPSKY) Shares Gap Up – Still a Buy?

NSK Ltd. (OTCMKTS:NPSKY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $15.22, but opened at $17.00. NSK shares last traded at $17.00, with a volume of 100 shares changing hands.

NSK Trading Down 2.3%

The company has a current ratio of 2.04, a quick ratio of 1.42 and a debt-to-equity ratio of 0.33. The stock’s fifty day moving average price is $13.30 and its 200 day moving average price is $11.57. The stock has a market cap of $4.16 billion, a P/E ratio of 40.48 and a beta of 0.43.

NSK (OTCMKTS:NPSKY) last released its earnings results on Tuesday, February 3rd. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations 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.