NSK (OTCMKTS:NPSKY) Stock Price Down 4.5% – Here’s What Happened

NSK Ltd. (OTCMKTS:NPSKY)’s stock price dropped 4.5% during mid-day trading on Tuesday . The stock traded as low as $13.92 and last traded at $13.92. Approximately 138 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 3,175 shares. The stock had previously closed at $14.57.

NSK Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.45. The company has a fifty day moving average price of $14.71 and a 200 day moving average price of $12.43. The stock has a market cap of $3.41 billion, a P/E ratio of 33.14 and a beta of 0.36.

NSK (OTCMKTS:NPSKY) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.03. The business had revenue of $1.58 billion during 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.