Nabtesco (OTCMKTS:NCTKF) Shares 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) shares traded down 1.7% during trading on Monday . The company traded as low as $15.54 and last traded at $15.54. 1 shares changed 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 Stock Performance

The company has a current ratio of 1.90, a quick ratio of 1.42 and a debt-to-equity ratio of 0.04. The company has a market cap of $1.90 billion, a PE ratio of 20.26 and a beta of -0.06. The stock has a 50 day moving average price of $15.79 and a 200 day moving average price of $16.49.

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