Nabtesco (OTCMKTS:NCTKF) Sets New 1-Year High – Here’s Why

by · The Markets Daily

Nabtesco (OTCMKTS:NCTKF – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $25.06 and last traded at $25.06, with a volume of 839 shares. The stock had previously closed at $24.3184.

Nabtesco Trading Up 3.0%

The company has a quick ratio of 1.43, a current ratio of 1.92 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $23.36 and a 200 day simple moving average of $18.71. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 32.13 and a beta of 0.09.

Nabtesco Company Profile

(Get Free Report)

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.

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