THK Co., Ltd. (OTCMKTS:THKLY - Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 400 shares, a decline of 80.0% from the April 30th total of 2,000 shares. Based on an average daily volume of 18,200 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are sold short.
Wall Street Analyst Weigh In
Separately, Nomura Securities upgraded THK to a "strong-buy" rating in a report on Tuesday, May 27th.
Get Our Latest Research Report on THKLY
THK Stock Down 0.2%
Shares of THKLY stock traded down $0.03 during midday trading on Friday, reaching $13.51. 9,510 shares of the stock were exchanged, compared to its average volume of 15,309. THK has a 1 year low of $7.68 and a 1 year high of $14.27. The company's 50 day moving average is $12.19 and its two-hundred day moving average is $12.06. The company has a current ratio of 4.09, a quick ratio of 2.95 and a debt-to-equity ratio of 0.20. The firm has a market cap of $3.51 billion, a PE ratio of 50.04 and a beta of 0.81.
THK (OTCMKTS:THKLY - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported $0.01 earnings per share for the quarter. THK had a return on equity of 2.69% and a net margin of 2.94%. The firm had revenue of $557.16 million for the quarter. On average, equities research analysts predict that THK will post 0.48 EPS for the current year.
About THK
(
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THK Co, Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.
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