THK (OTCMKTS:THKLY) Shares Gap Up - Still a Buy?

Key Points

• THK Co., Ltd. shares gapped up from $13.69 to $14.24 when the market opened on Monday, with a volume of 776 shares traded.
• The stock has received mixed ratings from analysts, being upgraded to a "strong-buy" by Nomura Securities and downgraded to a "sell" by Deutsche Bank, giving it a consensus rating of "Moderate Buy."
• In its most recent earnings report, THK reported $0.10 EPS and revenue of $631.98 million, with analysts forecasting an EPS of 0.48 for the current fiscal year.

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $13.69, but opened at $14.24. THK shares last traded at $14.24, with a volume of 776 shares.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft cut THK to a "sell" rating in a research note on Friday, August 8th. Nomura Securities upgraded THK to a "strong-buy" rating in a research report on Tuesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy".

THK Stock Down 0.5%

The stock has a 50-day moving average price of $13.74 and a 200-day moving average price of $13.06. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.99 and a quick ratio of 2.08. The company has a market capitalization of $3.31 billion, a P/E ratio of 73.08 and a beta of 0.86.

THK (OTCMKTS:THKLY - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter. THK had a net margin of 2.02% and a return on equity of 1.99%. The business had revenue of $631.98 million during the quarter. On average, research analysts predict that Thk Co., Ltd. will post 0.48 EPS 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.