Thk Co., Ltd. (OTCMKTS:THKLY) Short Interest Update

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 7,200 shares, a growth of 94.6% from the September 15th total of 3,700 shares. Based on an average daily trading volume, of 5,800 shares, the short-interest ratio is currently 1.2 days. Based on an average daily trading volume, of 5,800 shares, the short-interest ratio is currently 1.2 days.

THK Trading Up 3.4%

Shares of THKLY stock opened at $14.78 on Tuesday. The stock's fifty day moving average is $13.80 and its two-hundred day moving average is $13.27. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.08 and a current ratio of 2.99. The firm has a market capitalization of $3.52 billion, a P/E ratio of 77.79 and a beta of 0.90. THK has a fifty-two week low of $7.78 and a fifty-two week high of $15.26.

THK (OTCMKTS:THKLY - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter. The company had revenue of $631.98 million for the quarter. THK had a return on equity of 1.99% and a net margin of 2.02%. Research analysts expect that THK will post 0.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered THK to a "sell" rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy".

THK Company Profile

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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