Shares of Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $13.20, but opened at $14.05. THK shares last traded at $13.47, with a volume of 3,444 shares.
Analysts Set New Price Targets
Separately, Nomura Securities raised THK to a "strong-buy" rating in a report on Tuesday, May 27th.
Read Our Latest Stock Report on THK
THK Stock Performance
The stock has a 50-day simple moving average of $12.84 and a 200 day simple moving average of $12.27. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.00 and a quick ratio of 2.06. The company has a market capitalization of $3.44 billion, a PE ratio of 57.61 and a beta of 0.81.
THK (OTCMKTS:THKLY - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported $0.01 earnings per share (EPS) for the quarter. THK had a return on equity of 2.34% and a net margin of 2.48%. The business had revenue of $557.16 million for the quarter. Equities analysts anticipate that Thk Co., Ltd. will post 0.48 EPS for the current fiscal 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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