Nabtesco (OTCMKTS:NCTKF) Sets New 1-Year Low at $21.89

Nabtesco Co. (OTCMKTS:NCTKFGet Rating)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $21.89 and last traded at $21.89, with a volume of 525 shares traded. The stock had previously closed at $26.26.

Separately, Zacks Investment Research lowered shares of Nabtesco from a “buy” rating to a “hold” rating in a research note on Saturday, February 5th.

The company has a market cap of $2.66 billion, a P/E ratio of 4.76 and a beta of 1.51. The company has a current ratio of 1.48, a quick ratio of 1.25 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average price is $26.07 and its 200-day moving average price is $29.12.

Nabtesco Company Profile (OTCMKTS:NCTKF)

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. It operates through Component Solutions, Transport Solutions, and Accessibility Solutions segments. 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, door operating units, test equipment, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.

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