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THK (OTCMKTS:THKLY) Reaches New 1-Year High - Should You Buy?

THK logo with Computer and Technology background

THK Co., Ltd. (OTCMKTS:THKLY - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as $14.17 and last traded at $13.76, with a volume of 8929 shares. The stock had previously closed at $13.41.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on THK

THK Price Performance

The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 50.04 and a beta of 0.81. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.95 and a current ratio of 4.09. The company has a fifty day simple moving average of $12.19 and a two-hundred day simple moving average of $12.06.

THK (OTCMKTS:THKLY - Get Free Report) last posted its quarterly earnings results on Friday, May 9th. The company reported $0.01 EPS for the quarter. The business had revenue of $557.16 million during the quarter. THK had a return on equity of 2.69% and a net margin of 2.94%. As a group, equities research analysts expect that THK Co., Ltd. will post 0.48 earnings per share for the current fiscal 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.

Further Reading

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