Nabtesco (OTCMKTS:NCTKF) Announces Quarterly Earnings Results

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

Nabtesco Price Performance

OTCMKTS NCTKF opened at $17.10 on Wednesday. Nabtesco has a 52 week low of $13.48 and a 52 week high of $19.75. The business has a 50 day moving average price of $16.75 and a 200-day moving average price of $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.

Nabtesco Company Profile

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.