THK (OTCMKTS:THKLY - Get Free Report) was upgraded by Nomura Securities to a "strong-buy" rating in a research note issued to investors on Tuesday,Zacks.com reports.
THK Stock Performance
THK stock traded down $0.03 during midday trading on Tuesday, hitting $13.51. The company's stock had a trading volume of 9,510 shares, 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 has a debt-to-equity ratio of 0.20, a current ratio of 4.09 and a quick ratio of 2.95. The company has a 50-day moving average price of $12.19 and a two-hundred day moving average price of $12.06. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 50.04 and a beta of 0.81.
THK (OTCMKTS:THKLY - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.01 earnings per share for the quarter. THK had a net margin of 2.94% and a return on equity of 2.69%. The business had revenue of $557.16 million during the quarter. As a group, sell-side analysts predict that THK 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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