NSK Ltd. (OTCMKTS:NPSKY) Short Interest Down 86.6% in April
by Doug Wharley · The Cerbat GemNSK Ltd. (OTCMKTS:NPSKY – Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 174 shares, a decline of 86.6% from the April 15th total of 1,296 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,158 shares, the days-to-cover ratio is presently 0.2 days.
NSK Stock Performance
OTCMKTS:NPSKY remained flat at $16.74 during mid-day trading on Wednesday. The company had a trading volume of 35 shares, compared to its average volume of 372. The company has a 50 day moving average price of $15.31 and a 200 day moving average price of $13.83. The company has a market capitalization of $4.09 billion, a PE ratio of 27.44 and a beta of 0.61. NSK has a one year low of $8.42 and a one year high of $18.45. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.32.
NSK (OTCMKTS:NPSKY – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.08. NSK had a return on equity of 3.28% and a net margin of 2.49%.The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.59 billion.
NSK Company Profile
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.