Shares of Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) fell 3.8% during trading on Monday . The company traded as low as $13.32 and last traded at $13.32. 2,272 shares were traded during mid-day trading, a decline of 84% from the average session volume of 13,867 shares. The stock had previously closed at $13.85.
Analysts Set New Price Targets
Separately, Nomura Securities upgraded shares of THK to a "strong-buy" rating in a research note on Tuesday, May 27th.
Check Out Our Latest Stock Report on THK
THK Trading Up 3.3%
The company has a debt-to-equity ratio of 0.21, a current ratio of 3.00 and a quick ratio of 2.06. The business has a 50-day simple moving average of $13.13 and a two-hundred day simple moving average of $12.37. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 59.74 and a beta of 0.80.
THK (OTCMKTS:THKLY - Get Free Report) last posted its earnings results on Friday, May 9th. The company reported $0.01 earnings per share for the quarter. THK had a return on equity of 2.34% and a net margin of 2.48%. The business had revenue of $557.16 million for the quarter. Equities analysts forecast that Thk Co., Ltd. will post 0.48 EPS for the current fiscal 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.
Read More
Before you consider THK, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and THK wasn't on the list.
While THK currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.