Nabtesco Co. (OTCMKTS:NCTKF - Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 172,000 shares, an increase of 26.1% from the April 30th total of 136,400 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 1,720.0 days. Approximately 0.1% of the shares of the company are short sold.
Nabtesco Stock Performance
NCTKF remained flat at $15.81 during midday trading on Friday. 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 firm has a market capitalization of $1.90 billion, a PE ratio of 24.70 and a beta of 0.56. Nabtesco has a 1-year low of $13.48 and a 1-year high of $19.75. The company has a fifty day moving average price of $16.48 and a 200 day moving average price of $16.58.
Nabtesco (OTCMKTS:NCTKF - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.03). The company had revenue of $544.60 million for the quarter, compared to analysts' expectations of $484.64 million. Nabtesco had a net margin of 2.89% and a return on equity of 4.18%. As a group, sell-side analysts expect 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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