NSK (OTCMKTS:NPSKY) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

NSK (OTCMKTS:NPSKY) released its earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07, Zacks reports. NSK had a net margin of 2.49% and a return on equity of 3.28%.

NSK Trading Up 2.9%

Shares of NPSKY traded up $0.40 during mid-day trading on Thursday, reaching $13.94. The company had a trading volume of 558 shares, compared to its average volume of 7,137. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 22.84 and a beta of 0.61. The firm has a fifty day simple moving average of $14.42 and a 200-day simple moving average of $14.84. NSK has a fifty-two week low of $9.80 and a fifty-two week high of $18.45. The company has a current ratio of 2.30, a quick ratio of 1.54 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.