NSK (OTCMKTS:NPSKY) Trading Down 10.2% – Should You Sell?

NSK Ltd. (OTCMKTS:NPSKY)’s stock price was down 10.2% during mid-day trading on Friday . The company traded as low as $13.8250 and last traded at $13.8250. Approximately 229 shares traded hands during trading, a decline of 97% from the average daily volume of 7,123 shares. The stock had previously closed at $15.40.

NSK Price Performance

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 stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 35.00 and a beta of 0.37. The company has a 50-day simple moving average of $15.09 and a two-hundred day simple moving average of $12.73.

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