Nabtesco (OTCMKTS:NCTKF) Shares Gap Up – Still a Buy?

Nabtesco (OTCMKTS:NCTKF)’s share price gapped up before the market opened on Friday . The stock had previously closed at $24.6908, but opened at $34.59. Nabtesco shares last traded at $34.59, with a volume of 100 shares trading hands.

Nabtesco Stock Up 40.1%

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.51. The stock has a fifty day moving average price of $26.90 and a two-hundred day moving average price of $26.16. The company has a market cap of $4.05 billion, a P/E ratio of 38.01 and a beta of 0.10.

Nabtesco (OTCMKTS:NCTKF) last posted its earnings results on Thursday, April 30th. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.05. The company had revenue of $524.07 million during the quarter, compared to the consensus estimate of $489.36 million.

Nabtesco Company Profile

Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.

Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.