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

Key Points

• THK Co., Ltd. shares opened at $14.47 after a gap up from the previous close of $13.95, but last traded at $14.00 with a trading volume of 527 shares.
• Analysts have a mixed view on THK, with a "Moderate Buy" average rating, although Deutsche Bank has downgraded it to a "sell" rating.
• For the last quarter, THK reported earnings of $0.10 per share and a revenue of $631.98 million, with analysts forecasting 0.48 earnings per share for the current year.

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $13.95, but opened at $14.47. THK shares last traded at $14.00, with a volume of 527 shares trading hands.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lowered shares of THK to a "sell" rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

THK Stock Down 0.1%

The stock's 50 day simple moving average is $13.79 and its two-hundred day simple moving average is $13.18. The firm has a market cap of $3.32 billion, a P/E ratio of 73.32 and a beta of 0.90. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.99 and a quick ratio of 2.08.

THK (OTCMKTS:THKLY - Get Free Report) last announced 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. As a group, research analysts forecast that Thk Co., Ltd. will post 0.48 earnings per share for the current year.

About THK

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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