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THK (OTCMKTS:THKLY) Hits New 1-Year High - What's Next?

THK logo with Computer and Technology background

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $14.82 and last traded at $14.15, with a volume of 4645 shares. The stock had previously closed at $13.82.

Wall Street Analyst Weigh In

Separately, Nomura Securities upgraded shares of THK to a "strong-buy" rating in a report on Tuesday, May 27th.

Get Our Latest Research Report on THK

THK Trading Up 2.3%

The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.06 and a current ratio of 3.00. The company's fifty day simple moving average is $13.37 and its 200-day simple moving average is $12.53. The company has a market capitalization of $3.67 billion, a P/E ratio of 61.48 and a beta of 0.80.

THK (OTCMKTS:THKLY - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $557.16 million for the quarter. THK had a net margin of 2.48% and a return on equity of 2.34%. Research analysts predict that Thk Co., Ltd. will post 0.48 earnings per share for the current year.

About THK

(Get Free Report)

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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