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Nomura Securities Upgrades THK (OTCMKTS:THKLY) to Strong-Buy

THK logo with Computer and Technology background

THK (OTCMKTS:THKLY - Get Free Report) was upgraded by stock analysts at Nomura Securities to a "strong-buy" rating in a research note issued on Tuesday,Zacks.com reports.

THK Stock Performance

Shares of OTCMKTS THKLY traded down $0.03 during trading hours on Tuesday, reaching $13.51. The stock had a trading volume of 9,510 shares, compared to its average volume of 15,309. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 50.04 and a beta of 0.81. The company has a current ratio of 4.09, a quick ratio of 2.95 and a debt-to-equity ratio of 0.20. THK has a fifty-two week low of $7.68 and a fifty-two week high of $14.27. The firm has a 50-day moving average of $12.19 and a 200-day moving average of $12.06.

THK (OTCMKTS:THKLY - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $557.16 million during the quarter. Equities research analysts predict that THK will post 0.48 earnings per share for the current year.

THK Company Profile

(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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