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

Thk Co., Ltd. (OTCMKTS:THKLY) saw a large drop in short interest in the month of 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 trading volume, of 1,225 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of THK from a “strong sell” rating to a “neutral” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, THK currently has an average rating of “Reduce”.

THK Stock Up 0.9%

Shares of OTCMKTS THKLY traded up $0.21 during trading hours on Friday, hitting $23.04. The stock had a trading volume of 279 shares, compared to its average volume of 496. The company has a market capitalization of $5.49 billion, a P/E ratio of 76.80 and a beta of 1.16. The firm’s 50-day moving average price is $22.86 and its two-hundred day moving average price is $17.90. THK has a 52 week low of $11.93 and a 52 week high of $25.70. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.72 and a current ratio of 2.24.

THK (OTCMKTS:THKLY) last released its quarterly earnings data on Monday, May 11th. The company reported $0.14 EPS for the quarter. The firm had revenue of $440.05 million during 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.