Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $13.63, but opened at $14.27. THK shares last traded at $14.27, with a volume of 814 shares.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on THKLY shares. Nomura Securities upgraded shares of THK to a "strong-buy" rating in a research note on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft cut THK to a "sell" rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".
Read Our Latest Research Report on THKLY
THK Trading Up 1.4%
The business's 50 day simple moving average is $13.64 and its two-hundred day simple moving average is $12.98. The company has a quick ratio of 2.08, a current ratio of 2.99 and a debt-to-equity ratio of 0.21. The stock has a market cap of $3.29 billion, a P/E ratio of 72.74 and a beta of 0.86.
THK (OTCMKTS:THKLY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter. THK had a return on equity of 1.99% and a net margin of 2.02%.The business had revenue of $631.98 million for the quarter. As a group, analysts expect that Thk Co., Ltd. will post 0.48 EPS 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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