THK Co., Ltd. (OTCMKTS:THKLY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $14.60 and last traded at $14.02, with a volume of 7096 shares changing hands. The stock had previously closed at $13.76.
Wall Street Analyst Weigh In
Separately, Nomura Securities upgraded THK to a "strong-buy" rating in a research note on Tuesday, May 27th.
Check Out Our Latest Analysis on THK
THK Price Performance
The company has a 50 day moving average of $12.34 and a 200-day moving average of $12.16. The stock has a market capitalization of $3.61 billion, a P/E ratio of 51.52 and a beta of 0.81. The company has a quick ratio of 2.95, a current ratio of 4.09 and a debt-to-equity ratio of 0.20.
THK (OTCMKTS:THKLY - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $557.16 million for the quarter. THK had a return on equity of 2.69% and a net margin of 2.94%. Sell-side analysts predict that THK Co., Ltd. will post 0.48 EPS 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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