THK (OTCMKTS:THKLY) Shares Gap Up - Should You Buy?

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $13.33, but opened at $13.87. THK shares last traded at $13.25, with a volume of 7,694 shares traded.

Wall Street Analyst Weigh In

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

THK Price Performance

The company's 50 day moving average price is $13.13 and its 200 day moving average price is $12.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.06 and a current ratio of 3.00. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 59.74 and a beta of 0.80.

THK (OTCMKTS:THKLY - Get Free Report) last announced its quarterly earnings results on Friday, May 9th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $557.16 million during the quarter. THK had a net margin of 2.48% and a return on equity of 2.34%. On average, equities research analysts predict that Thk Co., Ltd. will post 0.48 earnings per share 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.