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

OTCMKTS:THKLY traded up $0.20 during mid-day trading on Tuesday, hitting $13.02. The stock had a trading volume of 1,006 shares, compared to its average volume of 27,187. The stock has a 50-day simple moving average of $11.82 and a two-hundred day simple moving average of $11.94. The company has a market capitalization of $3.30 billion, a PE ratio of 9.39, a PEG ratio of -2.66 and a beta of 2.11. THK CO LTD/ADR has a twelve month low of $8.97 and a twelve month high of $13.77.

THK CO LTD/ADR Company Profile

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.

Featured Article: What is a Lock-Up Period?

Get a free copy of the Zacks research report on THK CO LTD/ADR (THKLY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for THK CO LTD/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for THK CO LTD/ADR and related companies with MarketBeat.com's FREE daily email newsletter.