NSK (OTCMKTS:NPSKY) Shares Gap Down - Should You Sell?

Key Points

• Shares gapped down from $16.40 to an open of $14.5250 and last traded at $14.5250 on very light volume (237 shares), despite the headline note that the stock was down only about 0.3% intraday.
• Quarterly results beat expectations: EPS $0.11 vs. $0.08 consensus and revenue $1.58 billion vs. $1.52 billion estimated.
• Financial snapshot: market cap $3.55B, P/E 34.58, quick ratio 1.45, current ratio 2.14, debt/equity 0.32; 50‑day MA $14.59 and 200‑day MA $12.32.

NSK Ltd. (OTCMKTS:NPSKY - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $16.40, but opened at $14.5250. NSK shares last traded at $14.5250, with a volume of 237 shares trading hands.

NSK Stock Down 0.3%

The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 34.58 and a beta of 0.37. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.32. The company's 50 day moving average price is $14.59 and its 200 day moving average price is $12.32.

NSK (OTCMKTS:NPSKY - Get Free Report) last released its 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 during 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.

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