NSK (OTCMKTS:NPSKY) Upgraded by JPMorgan Chase & Co. to “Overweight”

JPMorgan Chase & Co. upgraded shares of NSK (OTCMKTS:NPSKY – Get Rating) from a neutral rating to an overweight rating in a report issued on Tuesday morning, The Fly reports.

NSK Trading Down 0.6 %

OTCMKTS:NPSKY opened at $11.34 on Tuesday. The company has a market capitalization of $2.91 billion, a PE ratio of 24.65 and a beta of 0.82. The stock has a fifty day simple moving average of $10.89 and a 200-day simple moving average of $10.69. NSK has a 52-week low of $9.65 and a 52-week high of $12.63. The company has a quick ratio of 1.21, a current ratio of 1.89 and a debt-to-equity ratio of 0.32.

NSK Company Profile

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NSK Ltd. engages in the manufacture and sale of bearings, automotive products, precision machinery, and mechatronic products. It operates through the following segments: Industrial Machinery, Automotive, and Others. The Industrial Machinery segment produces and sells industrial machinery bearings, ball screws, and linear guides.