NSK (OTCMKTS:NPSKY – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.08, Zacks reports.
NSK Price Performance
Shares of NSK stock remained flat at $16.74 during trading on Tuesday. 71 shares of the stock traded hands, compared to its average volume of 370. The firm has a market cap of $4.10 billion, a P/E ratio of 39.85 and a beta of 0.61. The business’s fifty day simple moving average is $15.34 and its two-hundred day simple moving average is $13.78. NSK has a 1-year low of $8.42 and a 1-year high of $18.45. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.32.
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.
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