THK (OTCMKTS:THKLY) Shares Gap Up - What's Next?

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $13.03, but opened at $13.65. THK shares last traded at $13.11, with a volume of 2,122 shares traded.

Wall Street Analyst Weigh In

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

THK Stock Up 2.4%

The business has a 50 day moving average of $13.37 and a 200-day moving average of $12.53. The company has a current ratio of 3.00, a quick ratio of 2.06 and a debt-to-equity ratio of 0.21. The stock has a market cap of $3.67 billion, a PE ratio of 61.52 and a beta of 0.80.

THK (OTCMKTS:THKLY - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The company reported $0.01 earnings per share for the quarter. THK had a return on equity of 2.34% and a net margin of 2.48%. The company had revenue of $557.16 million during the quarter. Equities 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.