THK (OTCMKTS:THKLY) Shares Gap Down – Time to Sell?

Thk Co., Ltd. (OTCMKTS:THKLY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $19.0660, but opened at $17.76. THK shares last traded at $17.76, with a volume of 923 shares traded.

THK Stock Down 6.8%

The company has a market capitalization of $4.23 billion, a PE ratio of 59.20 and a beta of 1.21. The company has a current ratio of 2.24, a quick ratio of 1.72 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $20.58 and a 200 day moving average of $21.17.

About THK

(Get Free Report)

THK Co, Ltd. is a Japan-based manufacturer of mechanical components and systems used to enable precise linear and rotational motion. The company is best known for its linear motion (LM) guide technology, which supports the smooth, accurate movement of machine components and is used in industrial machinery, machine tools, semiconductor manufacturing equipment, robotics and other automation applications.

THK’s product portfolio includes LM guides, ball screws, ball splines, cross-roller bearings, actuators, link balls and other mechanical components.

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