Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $13.89, but opened at $14.38. THK shares last traded at $13.92, with a volume of 889 shares.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft downgraded THK to a "sell" rating in a report on Friday, August 8th. Nomura Securities upgraded THK to a "strong-buy" rating in a research note on Tuesday, May 27th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".
Read Our Latest Stock Report on THK
THK Price Performance
The company has a current ratio of 2.99, a quick ratio of 2.08 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $3.32 billion, a PE ratio of 73.42 and a beta of 0.86. The stock has a fifty day simple moving average of $13.76 and a 200-day simple moving average of $13.07.
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. 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%. Equities analysts anticipate that Thk Co., Ltd. will post 0.48 earnings per share for the current year.
THK Company Profile
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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.
See Also
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