Nabtesco (OTCMKTS:NCTKF) Trading Down 1.7% - What's Next?

Key Points

• Nabtesco's stock price decreased by 1.7%, closing at $15.54, with a significant increase in trading volume.
• The company reported earnings of $0.19 EPS, surpassing expectations of $0.13 EPS, and achieved revenue of $582.31 million for the last quarter.
• Nabtesco has a market capitalization of $1.87 billion and maintains a low debt-to-equity ratio of 0.04.

Nabtesco (OTCMKTS:NCTKF - Get Free Report) traded down 1.7% during trading on Monday . The stock traded as low as $15.54 and last traded at $15.54. 1 shares traded hands during mid-day trading, an increase of 1,900% from the average session volume of 0 shares. The stock had previously closed at $15.81.

Nabtesco Price Performance

The stock has a market cap of $1.87 billion, a P/E ratio of 19.93 and a beta of -0.06. The company has a 50 day simple moving average of $15.80 and a 200 day simple moving average of $16.51. The company has a current ratio of 1.90, a quick ratio of 1.42 and a debt-to-equity ratio of 0.04.

Nabtesco (OTCMKTS:NCTKF - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.13 by $0.06. The firm had revenue of $582.31 million for the quarter, compared to analysts' expectations of $567.03 million. Nabtesco had a return on equity of 5.01% and a net margin of 3.35%. Sell-side analysts forecast that Nabtesco will post 0.7 earnings per share for the current fiscal year.

About Nabtesco

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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