Shares of Thk Co., Ltd. (OTCMKTS:THKLY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $18.25, but opened at $15.46. THK shares last traded at $16.01, with a volume of 405 shares traded.
Wall Street Analysts Forecast Growth
Separately, Zacks Research began coverage on THK in a research note on Friday, October 30th. They issued a “hold” rating on the stock. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on THK
THK Stock Performance
The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 52.62 and a beta of 1.28. The company has a 50 day simple moving average of $19.78 and a 200-day simple moving average of $19.49. The company has a quick ratio of 1.72, a current ratio of 2.24 and a debt-to-equity ratio of 0.32.
THK Company Profile
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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