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

Key Points

• THK Co., Ltd. saw its shares gap up to $15.16 from a previous close of $14.17, with recent trading at $14.57 and a volume of 2,536 shares.
• Analysts have mixed views on THK, with one giving a Strong Buy rating while Deutsche Bank downgraded it to a Sell, resulting in a consensus rating of "Moderate Buy."
• The company reported a revenue of $631.98 million for the last quarter, with an EPS of $0.10 and an expected EPS of 0.48 for the current year.

Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $14.17, but opened at $15.16. THK shares last traded at $14.57, with a volume of 2,536 shares.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered shares of THK to a "sell" rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

THK Trading Up 3.4%

The company has a market cap of $3.52 billion, a price-to-earnings ratio of 77.79 and a beta of 0.90. The business's 50 day moving average price is $13.79 and its 200-day moving average price is $13.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.08 and a current ratio of 2.99.

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

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