Shares of Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) saw strong trading volume on Friday . 23,572 shares traded hands during mid-day trading, an increase of 84% from the previous session's volume of 12,838 shares.The stock last traded at $13.97 and had previously closed at $13.82.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the stock. Nomura Securities raised shares of THK to a "strong-buy" rating in a research report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft cut shares of THK to a "sell" rating in a research report on Friday.
View Our Latest Stock Report on THKLY
THK Stock Performance
The stock's 50-day moving average price is $13.62 and its 200-day moving average price is $12.77. The company has a market cap of $3.65 billion, a P/E ratio of 73.90 and a beta of 0.83. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.00 and a quick ratio of 2.06.
THK (OTCMKTS:THKLY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter. THK had a net margin of 2.02% and a return on equity of 1.96%. The business had revenue of $631.98 million during the quarter. Equities analysts anticipate that Thk Co., Ltd. will post 0.48 EPS for the current year.
THK Company Profile
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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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