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

Shares of Thk Co., Ltd. (OTCMKTS:THKLY) gapped up before the market opened on Friday . The stock had previously closed at $13.69, but opened at $14.36. THK shares last traded at $13.82, with a volume of 14,451 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Nomura Securities upgraded shares of THK to a “strong-buy” rating in a research note on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft lowered shares of THK to a “sell” rating in a research note on Friday, August 8th.

THK Stock Up 0.6%

The company has a current ratio of 3.00, a quick ratio of 2.06 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $3.58 billion, a PE ratio of 72.50 and a beta of 0.83. The stock’s fifty day simple moving average is $13.61 and its 200-day simple moving average is $12.83.

THK (OTCMKTS:THKLY) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $631.98 million for the quarter. THK had a net margin of 2.02% and a return on equity of 1.96%. As a group, sell-side analysts forecast that Thk Co., Ltd. will post 0.48 EPS for the current fiscal year.

THK Company Profile

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.