NSK (OTCMKTS:NPSKY) Stock Price Up 11.5% – Here’s What Happened

NSK Ltd. (OTCMKTS:NPSKY) traded up 11.5% during trading on Wednesday . The company traded as high as $15.55 and last traded at $15.55. 1,433 shares were traded during trading, a decline of 77% from the average session volume of 6,159 shares. The stock had previously closed at $13.95.

NSK Stock Performance

The stock has a market cap of $3.42 billion, a P/E ratio of 33.27 and a beta of 0.48. 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 of $15.42 and a 200 day moving average of $12.84.

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