Thk Co., Ltd. (OTCMKTS:THKLY - Get Free Report) shot up 0.2% during mid-day trading on Tuesday . The company traded as high as $14.31 and last traded at $14.08. 2,718 shares were traded during mid-day trading, a decline of 64% from the average session volume of 7,508 shares. The stock had previously closed at $14.04.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on THKLY shares. Deutsche Bank Aktiengesellschaft cut THK to a "sell" rating in a report on Friday, August 8th. Nomura Securities raised THK to a "strong-buy" rating in a report on Tuesday, May 27th.
View Our Latest Stock Analysis on THKLY
THK Stock Performance
The stock has a fifty day moving average price of $13.61 and a two-hundred day moving average price of $12.83. The company has a market cap of $3.58 billion, a P/E ratio of 72.50 and a beta of 0.83. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.00 and a quick ratio of 2.06.
THK (OTCMKTS:THKLY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 EPS for the quarter. THK had a net margin of 2.02% and a return on equity of 1.96%. The business had revenue of $631.98 million for the quarter. On average, equities analysts forecast that Thk Co., Ltd. will post 0.48 earnings per share 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.
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