Nabtesco (OTCMKTS:NCTKF) Hits New 1-Year Low at $21.70

Nabtesco Co. (OTCMKTS:NCTKFGet Rating) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $21.70 and last traded at $21.70, with a volume of 2900 shares trading hands. The stock had previously closed at $21.70.

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

The stock’s 50-day moving average is $24.90 and its 200 day moving average is $28.19. The company has a quick ratio of 1.25, a current ratio of 1.48 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $2.66 billion, a PE ratio of 3.93 and a beta of 1.68.

About Nabtesco (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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