NSK (OTCMKTS:NPSKY) Shares Gap Up – Time to Buy?

NSK Ltd. (OTCMKTS:NPSKY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $13.50, but opened at $14.13. NSK shares last traded at $14.13, with a volume of 154 shares.

NSK Stock Performance

The firm has a market cap of $3.46 billion, a price-to-earnings ratio of 23.16 and a beta of 0.61. 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 business has a 50-day moving average of $14.63 and a 200-day moving average of $14.79.

NSK (OTCMKTS:NPSKY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.08. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.59 billion. NSK had a return on equity of 3.28% and a net margin of 2.49%.

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.