Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) shares were down 0.1% on Tuesday . The company traded as low as $13.93 and last traded at $13.93. Approximately 1,068 shares changed hands during trading, a decline of 66% from the average daily volume of 3,103 shares. The stock had previously closed at $13.95.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft cut THK to a "sell" rating in a report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".
Read Our Latest Research Report on THKLY
THK Price Performance
The company has a market capitalization of $3.32 billion, a P/E ratio of 73.32 and a beta of 0.90. The business's 50-day simple moving average is $13.78 and its 200 day simple moving average is $13.19. The company has a current ratio of 2.99, a quick ratio of 2.08 and a debt-to-equity ratio of 0.21.
THK (OTCMKTS:THKLY - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported $0.10 EPS for the quarter. THK had a return on equity of 1.99% and a net margin of 2.02%.The firm had revenue of $631.98 million for the quarter. As a group, sell-side analysts anticipate 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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