Free Trial

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

NSK logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • Shares gapped down from $15.55 to $13.95 before the open and last traded at $13.95 on light volume (663 shares), trading below its 50‑day SMA ($15.42) but above its 200‑day SMA ($12.93).
  • Quarterly results beat expectations with EPS of $0.11 versus $0.08 expected and revenue of $1.58 billion versus $1.52 billion expected.
  • Solid balance-sheet metrics: market cap $3.41 billion, PE 33.21, low beta (0.48), current ratio 2.14, quick ratio 1.45 and debt‑to‑equity 0.32.
  • Five stocks to consider instead of NSK.

NSK Ltd. (OTCMKTS:NPSKY - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $15.55, but opened at $13.95. NSK shares last traded at $13.95, with a volume of 663 shares traded.

NSK Stock Performance

The company has a market cap of $3.41 billion, a PE ratio of 33.21 and a beta of 0.48. The company has a current ratio of 2.14, a quick ratio of 1.45 and a debt-to-equity ratio of 0.32. The firm's 50-day simple moving average is $15.42 and its two-hundred day simple moving average is $12.93.

NSK (OTCMKTS:NPSKY - Get Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.03. The company had revenue of $1.58 billion for the quarter, compared to analysts' expectations of $1.52 billion.

About NSK

(Get Free Report)

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in NSK Right Now?

Before you consider NSK, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NSK wasn't on the list.

While NSK currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines