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 trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research initiated coverage on THK in a research report on Friday, October 30th. They set a “hold” rating for the company. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
View Our Latest Stock Report on THKLY
THK Stock Performance
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 stock’s 50 day moving average price is $19.78 and its 200 day moving average price is $19.49. The company has a market capitalization of $3.76 billion, a P/E ratio of 52.62 and a beta of 1.28.
About THK
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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