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

Thk Co., Ltd. (OTCMKTS:THKLY) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 582 shares, a decrease of 62.8% from the May 31st total of 1,563 shares. Based on an average trading volume of 2,198 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

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

THK Price Performance

THK stock opened at $23.20 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.72 and a current ratio of 2.24. The firm has a market cap of $5.53 billion, a P/E ratio of 77.35 and a beta of 1.14. The business’s fifty day moving average is $21.85 and its two-hundred day moving average is $17.23. THK has a 52 week low of $11.93 and a 52 week high of $25.70.

THK (OTCMKTS:THKLY) last announced its earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter. THK had a return on equity of 1.93% and a net margin of 1.85%.The company had revenue of $440.05 million for the quarter.

About THK

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.