Shares of Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $13.19, but opened at $13.88. THK shares last traded at $13.88, with a volume of 1,452 shares.
Analyst Upgrades and Downgrades
Separately, Nomura Securities upgraded THK to a "strong-buy" rating in a report on Tuesday, May 27th.
Get Our Latest Analysis on THK
THK Trading Up 0.6%
The company has a market capitalization of $3.49 billion, a price-to-earnings ratio of 58.13 and a beta of 0.81. 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 business's 50-day simple moving average is $12.90 and its 200-day simple moving average is $12.29.
THK (OTCMKTS:THKLY - Get Free Report) last announced its quarterly earnings data on Friday, May 9th. The company reported $0.01 earnings per share for the quarter. THK had a net margin of 2.48% and a return on equity of 2.34%. The business had revenue of $557.16 million for the quarter. On average, research analysts expect that Thk Co., Ltd. will post 0.48 earnings per share 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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