NSK Ltd. (OTCMKTS:NPSKY – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 1,625 shares, an increase of 232.3% from the September 30th total of 489 shares. Based on an average trading volume of 1,126 shares, the short-interest ratio is currently 1.4 days. Currently, 0.0% of the shares of the stock are short sold.
NSK Stock Performance
OTCMKTS NPSKY opened at $14.11 on Friday. The firm’s 50 day simple moving average is $13.99 and its 200 day simple moving average is $14.61. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 17.00 and a beta of 0.67. The company has a current ratio of 2.06, a quick ratio of 1.40 and a debt-to-equity ratio of 0.30. NSK has a 1 year low of $10.00 and a 1 year high of $18.45.
NSK (OTCMKTS:NPSKY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.18 by $0.07. The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.57 billion. NSK had a net margin of 3.24% and a return on equity of 4.48%.
About NSK
NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. Founded in 1916, the company supplies components used in automotive, industrial machinery, machine tools, semiconductor manufacturing equipment and other applications.
NSK’s product portfolio includes ball bearings, roller bearings, hub units, automotive steering systems, electric power steering components, ball screws, linear guides and other precision motion-control products. Its technologies are designed to support reduced friction, accurate movement, durability and energy efficiency across a range of industrial and transportation applications.
Headquartered in Tokyo, NSK serves customers worldwide through a network of manufacturing, research and development, sales and service operations across Japan, the Americas, Europe and Asia.
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