Thk Co., Ltd. (OTCMKTS:THKLY) Short Interest Update

Thk Co., Ltd. (OTCMKTS:THKLY) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 100 shares, a drop of 82.8% from the June 15th total of 582 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,225 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised THK from a “strong sell” rating to a “neutral” rating in a research report on Thursday, May 28th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

THK Stock Performance

Shares of OTCMKTS THKLY traded down $0.23 during mid-day trading on Monday, hitting $22.60. The stock had a trading volume of 792 shares, compared to its average volume of 4,989. The firm has a market cap of $5.38 billion, a PE ratio of 75.33 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.72 and a current ratio of 2.24. The company has a 50 day moving average of $22.86 and a two-hundred day moving average of $17.93. THK has a twelve month low of $11.93 and a twelve month high of $25.70.

THK (OTCMKTS:THKLY) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $440.05 million for the quarter.

THK Company Profile

THK Co, Ltd. is a global manufacturer specializing in mechanical components that enable precise linear and rotational motion. Founded in 1971 and headquartered in Tokyo, Japan, the company pioneered the development of rolling-element linear motion guides, introducing its first “LM Guide” in 1972. Over the decades, THK has expanded its product portfolio to include linear actuators, ball screws, spherical joints, and mechatronic systems designed for automation and high-precision applications.

THK’s core offerings serve a broad range of industries, including machine tools, semiconductor manufacturing, medical devices, robotics, and aerospace.