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NSK (OTCMKTS:NPSKY) Trading 3.8% Higher - What's Next?

NSK logo with Industrials background

Key Points

  • NSK Ltd. stock increased by 3.8% during mid-day trading, reaching $10.18, with a notable rise in trading volume of 110 shares, up 425% from the average.
  • The company reported $0.03 earnings per share for the last quarter, falling short of the analysts' expectation of $0.08, alongside a revenue of $1.30 billion.
  • NSK has strong liquidity metrics, with a current ratio of 2.11 and a debt-to-equity ratio of 0.30, indicating financial stability.
  • Five stocks we like better than NSK.

NSK Ltd. (OTCMKTS:NPSKY - Get Free Report) rose 3.8% during trading on Friday . The company traded as high as $10.18 and last traded at $10.18. Approximately 110 shares were traded during trading, an increase of 425% from the average daily volume of 21 shares. The stock had previously closed at $9.80.

NSK Stock Up 3.8%

The business's fifty day simple moving average is $9.84 and its 200-day simple moving average is $9.18. The company has a current ratio of 2.11, a quick ratio of 1.50 and a debt-to-equity ratio of 0.30.

NSK (OTCMKTS:NPSKY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by ($0.05). The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.38 billion.

NSK Company Profile

(Get Free Report)

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.

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