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

THK logo with Computer and Technology background

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report)'s share price gapped up prior to trading 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.

Wall Street Analyst Weigh In

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

View Our Latest Research Report on THKLY

THK Stock Performance

The firm's 50 day moving average price is $13.30 and its 200-day moving average price is $12.47. The firm has a market cap of $3.38 billion, a price-to-earnings ratio of 56.55 and a beta of 0.80. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.00 and a quick ratio of 2.06.

THK (OTCMKTS:THKLY - Get Free Report) last announced its quarterly earnings data on Friday, May 9th. The company reported $0.01 earnings per share (EPS) 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, analysts anticipate that Thk Co., Ltd. will post 0.48 earnings per share for the current 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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