Nabtesco (OTCMKTS:NCTKF) Shares Up 0.6% – Should You Buy?

Nabtesco Co. (OTCMKTS:NCTKF)’s stock price was up 0.6% on Friday . The company traded as high as $17.55 and last traded at $17.55. Approximately 110 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 867 shares. The stock had previously closed at $17.44.

Nabtesco Price Performance

The stock has a 50 day moving average of $15.93 and a two-hundred day moving average of $16.41. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.98. The stock has a market cap of $2.15 billion, a PE ratio of 53.19 and a beta of 0.63.

Nabtesco (OTCMKTS:NCTKF) last released its earnings results on Thursday, October 31st. The company reported $0.17 earnings per share for the quarter. The firm had revenue of $1.06 billion during the quarter. Equities analysts anticipate that Nabtesco Co. will post 0.71 EPS for the current year.

About Nabtesco

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.