Nabtesco Co. (OTCMKTS:NCTKF - Get Free Report) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 31,500 shares, a decrease of 81.7% from the May 15th total of 172,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 315.0 days. Currently, 0.0% of the shares of the company are sold short.
Nabtesco Price Performance
Nabtesco stock remained flat at $15.81 during midday trading on Thursday. The firm has a 50 day moving average of $16.37 and a 200-day moving average of $16.60. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.43 and a current ratio of 1.98. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 24.70 and a beta of 0.56. Nabtesco has a 12 month low of $13.48 and a 12 month high of $19.75.
Nabtesco (OTCMKTS:NCTKF - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.03). The firm had revenue of $544.60 million for the quarter, compared to the consensus estimate of $484.64 million. Nabtesco had a return on equity of 4.18% and a net margin of 2.89%. As a group, equities analysts forecast that Nabtesco will post 0.7 EPS for the current year.
About Nabtesco
(
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Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.
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