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THK (OTCMKTS:THKLY) Shares Down 0.6% - Here's Why

THK logo with Computer and Technology background

THK Co., Ltd. (OTCMKTS:THKLY - Get Free Report)'s stock price traded down 0.6% during trading on Thursday . The company traded as low as $11.93 and last traded at $11.99. 14,414 shares traded hands during trading, a decline of 8% from the average session volume of 15,696 shares. The stock had previously closed at $12.07.

THK Stock Performance

The firm has a fifty day moving average of $12.08 and a 200 day moving average of $11.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.09 and a quick ratio of 2.95. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 47.80 and a beta of 0.81.

THK (OTCMKTS:THKLY - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported $0.01 EPS for the quarter. The company had revenue of $557.16 million for the quarter. THK had a return on equity of 2.69% and a net margin of 2.94%. As a group, sell-side analysts forecast that THK Co., Ltd. will post 0.48 EPS for the current year.

THK Company Profile

(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.

Further Reading

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