Nabtesco Co. (OTCMKTS:NCTKF) Short Interest Update

Nabtesco Co. (OTCMKTS:NCTKF) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 171,000 shares, a decrease of 20.0% from the January 31st total of 213,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nabtesco Price Performance

Shares of Nabtesco stock remained flat at $17.10 during midday trading on Wednesday. The company has a quick ratio of 1.43, a current ratio of 1.98 and a debt-to-equity ratio of 0.04. Nabtesco has a twelve month low of $13.48 and a twelve month high of $19.75. The firm’s 50-day moving average is $17.24 and its two-hundred day moving average is $16.41. The company has a market cap of $2.10 billion, a P/E ratio of 26.72 and a beta of 0.56.

Nabtesco (OTCMKTS:NCTKF) last posted its earnings results on Wednesday, February 12th. The company reported $0.24 EPS 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.

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.