THK (OTCMKTS:THKLY) Shares Gap Up – Should You Buy?

Thk Co., Ltd. (OTCMKTS:THKLY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $12.33, but opened at $12.80. THK shares last traded at $12.23, with a volume of 1,688 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lowered shares of THK to a “sell” rating in a report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

THK Trading Up 2.3%

The company has a market cap of $2.99 billion, a P/E ratio of 66.11 and a beta of 0.93. The stock has a 50-day moving average of $13.50 and a two-hundred day moving average of $13.54. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.08 and a current ratio of 2.99.

THK (OTCMKTS:THKLY) last released its quarterly earnings data on Tuesday, November 11th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $623.78 million for the quarter. THK had a return on equity of 1.99% and a net margin of 2.02%. On average, equities research analysts predict that Thk Co., Ltd. will post 0.48 earnings per share for the current year.

About THK

THK Co, Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.