THK (OTCMKTS:THKLY) Shares Gap Up - Time to Buy?

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $13.10, but opened at $13.59. THK shares last traded at $12.98, with a volume of 1,810 shares traded.

Analysts Set New Price Targets

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

THK Stock Performance

The stock has a 50 day moving average price of $13.26 and a two-hundred day moving average price of $12.45. 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 company has a market cap of $3.38 billion, a price-to-earnings ratio of 56.54 and a beta of 0.80.

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