THK CO LTD/ADR (OTCMKTS:THKLY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Saturday, Zacks.com reports.

According to Zacks, “THK CO., LTD. is engaged in the manufacture and sale of components for industrial and transportation equipment. Its products include machinery parts such as linear motion guides and ball screws and transportation equipment parts such as link ball and suspension ball joints. The company’s operating segment consists of Japan, Americas, Europe, China and Others. THK CO., LTD. is headquartered in Tokyo, Japan. “

Shares of THKLY stock opened at $11.47 on Friday. The firm has a market cap of $2.90 billion, a P/E ratio of 8.38, a P/E/G ratio of -2.17 and a beta of 2.09. THK CO LTD/ADR has a fifty-two week low of $8.97 and a fifty-two week high of $13.77. The business’s 50 day moving average price is $12.01 and its 200-day moving average price is $11.99.

About THK CO LTD/ADR

THK Co, Ltd. manufactures and supplies machinery components worldwide. It provides linear motion (LM) guides, LM actuators, spline nuts, LM strokes, cross roller guides, linear ball slides, flat rollers, slide rails, LM guide actuators, ball splines, linear bushes, precision linear packs, cross roller tables, LM rollers, and slide packs.

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