THK (OTCMKTS:THKLY) Stock Price Down 14.9% – Here’s What Happened

Thk Co., Ltd. (OTCMKTS:THKLY)’s stock price dropped 14.9% on Friday . The stock traded as low as $14.15 and last traded at $14.15. Approximately 251 shares traded hands during trading, a decline of 91% from the average daily volume of 2,773 shares. The stock had previously closed at $16.6320.

THK Trading Down 7.1%

The business has a 50 day moving average of $13.75 and a 200-day moving average of $13.65. The company has a current ratio of 3.23, a quick ratio of 2.26 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $3.37 billion, a P/E ratio of 74.53 and a beta of 0.87.

THK (OTCMKTS:THKLY) last announced its quarterly earnings results on Tuesday, November 11th. The company reported $0.05 earnings per share for the quarter. THK had a net margin of 1.85% and a return on equity of 1.93%. The firm had revenue of $623.78 million for the quarter. Analysts anticipate that Thk Co., Ltd. will post 0.48 EPS for the current fiscal year.

THK Company Profile

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.