THK (OTCMKTS:THKLY) Shares Gap Up – What’s Next?

Thk Co., Ltd. (OTCMKTS:THKLY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $13.63, but opened at $14.27. THK shares last traded at $14.27, with a volume of 814 shares.

Analyst Ratings Changes

Several research firms have commented on THKLY. Nomura Securities raised shares of THK to a “strong-buy” rating in a research report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft lowered shares of THK to a “sell” rating in a research note 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 company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

THK Stock Performance

The firm has a fifty day moving average price of $13.64 and a two-hundred day moving average price of $12.98. The stock has a market capitalization of $3.29 billion, a PE ratio of 72.74 and a beta of 0.86. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.99 and a quick ratio of 2.08.

THK (OTCMKTS:THKLY) last announced its earnings results on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter. THK had a return on equity of 1.99% and a net margin of 2.02%.The business had revenue of $631.98 million during the quarter. Research analysts expect that Thk Co., Ltd. will post 0.48 EPS for the current year.

THK Company Profile

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.