Nabtesco Co. (OTCMKTS:NCTKF) Short Interest Update

Nabtesco Co. (OTCMKTS:NCTKF) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 162,700 shares, a decrease of 12.8% from the February 28th total of 186,600 shares. Based on an average daily trading volume, of 8,000 shares, the short-interest ratio is presently 20.3 days. Currently, 0.1% of the shares of the company are sold short.

Nabtesco Stock Performance

Shares of NCTKF stock opened at $17.10 on Wednesday. The company has a market capitalization of $2.10 billion, a P/E ratio of 26.72 and a beta of 0.56. The company has a current ratio of 1.98, a quick ratio of 1.43 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $17.10 and its two-hundred day moving average is $16.53. Nabtesco has a twelve month low of $13.48 and a twelve month high of $19.75.

Nabtesco (OTCMKTS:NCTKF) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 earnings per share for the quarter. Nabtesco had a net margin of 2.89% and a return on equity of 4.18%. Equities analysts forecast that Nabtesco will post 0.7 EPS for the current year.

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.