Nabtesco (OTCMKTS:NCTKF – Get Free Report)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $28.14, but opened at $29.50. Nabtesco shares last traded at $29.50, with a volume of 100 shares changing hands.
Nabtesco Trading Up 4.8%
The company’s 50 day simple moving average is $29.25 and its 200-day simple moving average is $29.82. The firm has a market cap of $3.46 billion, a P/E ratio of 28.37 and a beta of 0.28.
Nabtesco (OTCMKTS:NCTKF – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.17. The company had revenue of $518.78 million during the quarter, compared to the consensus estimate of $497.88 million.
About Nabtesco
Nabtesco Corporation is a Japanese manufacturer of motion-control and mechanical systems used in industrial, transportation, aerospace and building applications. The company develops products that control movement, speed and positioning, with an emphasis on precision, reliability and energy efficiency.
Its product portfolio includes precision reduction gears for industrial robots and other automation equipment, hydraulic equipment, railway vehicle components, aircraft equipment, automatic door systems and packaging machinery.
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