Nabtesco (OTCMKTS:NCTKF) Posts Quarterly Earnings Results

Nabtesco (OTCMKTS:NCTKF) posted its earnings results on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, Zacks reports.

Nabtesco Stock Performance

NCTKF stock opened at $17.10 on Wednesday. Nabtesco has a fifty-two week low of $13.48 and a fifty-two week high of $19.75. The business’s 50-day moving average is $16.75 and its two-hundred day moving average is $16.42. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 51.82 and a beta of 0.55.

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.