THK (OTCMKTS:THKLY) Sees Large Volume Increase - Still a Buy?

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) shares saw strong trading volume on Wednesday . 16,380 shares traded hands during mid-day trading, an increase of 19% from the previous session's volume of 13,781 shares.The stock last traded at $13.69 and had previously closed at $13.20.

Analyst Upgrades and Downgrades

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

THK Price Performance

The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 56.96 and a beta of 0.80. The company has a 50-day moving average price of $13.26 and a 200-day moving average price of $12.44. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.06 and a current ratio of 3.00.

THK (OTCMKTS:THKLY - Get Free Report) last posted 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 during the quarter. THK had a return on equity of 2.34% and a net margin of 2.48%. On average, equities research analysts expect that Thk Co., Ltd. will post 0.48 EPS for the current fiscal year.

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.