THK (OTCMKTS:THKLY) Shares Gap Down – Here’s Why

Thk Co., Ltd. (OTCMKTS:THKLYGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $24.2328, but opened at $21.77. THK shares last traded at $21.77, with a volume of 393 shares.

THK Stock Down 6.1%

The company’s fifty day moving average is $17.19 and its 200-day moving average is $15.05. The company has a market capitalization of $5.36 billion, a PE ratio of 118.37 and a beta of 1.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.18 and a current ratio of 2.83.

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

THK Company Profile

(Get Free Report)

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.

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