Nabtesco (OTCMKTS:NCTKF) Issues Quarterly Earnings Results

by · The Cerbat Gem

Nabtesco (OTCMKTS:NCTKFGet Free Report) issued its quarterly earnings data on Friday. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.17, Zacks reports. The firm had revenue of $518.78 million for the quarter, compared to the consensus estimate of $489.27 million.

Nabtesco Stock Up 1.2%

Shares of NCTKF opened at $28.57 on Friday. The company has a market capitalization of $3.35 billion, a P/E ratio of 31.40 and a beta of 0.27. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.51. Nabtesco has a one year low of $22.77 and a one year high of $37.00. The business’s 50 day simple moving average is $32.68 and its 200-day simple moving average is $29.06.

Nabtesco Company Profile

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Nabtesco Corporation, headquartered in Tokyo, Japan, is a global manufacturer of precision motion control systems and equipment. Established in November 2003 through the reorganization of Teijin Seiki and related businesses, the company focuses on delivering high-performance, reliable components that meet stringent industrial requirements.

Its product portfolio spans several core segments, including Motion Control—comprising precision reduction gears, actuators and speed reducers—Transport Systems, which supplies automatic train door mechanisms, brake systems and platform screen doors, and Aircraft & Hydraulic Equipment, covering landing-gear actuation systems, hydraulic pumps and control valves for aerospace and industrial markets.

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