THK (OTCMKTS:THKLY) Shares Gap Up - Should You 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) shares 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 changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Nomura Securities raised shares of THK to a "strong-buy" rating in a research report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft lowered shares of THK to a "sell" rating in a research report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

THK Price Performance

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 firm has a market cap of $3.28 billion, a P/E ratio of 72.53 and a beta of 0.86. The stock's 50-day simple moving average is $13.67 and its two-hundred day simple moving average is $13.02.

THK (OTCMKTS:THKLY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.10 EPS for the quarter. The firm had revenue of $631.98 million for the quarter. THK had a net margin of 2.02% and a return on equity of 1.99%. Equities research analysts forecast 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.

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