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THK (OTCMKTS:THKLY) Hits New 52-Week High - What's Next?

THK logo with Computer and Technology background

Shares of THK Co., Ltd. (OTCMKTS:THKLY - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $13.25 and last traded at $12.83, with a volume of 11379 shares traded. The stock had previously closed at $11.97.

THK Trading Down 1.4%

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 firm has a market capitalization of $3.25 billion, a price-to-earnings ratio of 46.30 and a beta of 0.81. The company has a 50 day moving average price of $12.09 and a two-hundred day moving average price of $11.75.

THK (OTCMKTS:THKLY - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $0.01 earnings per share 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%. On average, research analysts forecast 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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