Shares of Thk Co., Ltd. (OTCMKTS:THKLY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $22.05, but opened at $20.00. THK shares last traded at $20.00, with a volume of 541 shares trading hands.
THK Trading Down 2.8%
The business has a 50-day moving average price of $21.07 and a two-hundred day moving average price of $21.00. The stock has a market capitalization of $4.76 billion, a P/E ratio of 66.67 and a beta of 1.21. The company has a current ratio of 2.24, a quick ratio of 1.72 and a debt-to-equity ratio of 0.32.
About THK
THK Co, Ltd. is a Japanese manufacturer of linear motion and mechanical components used in industrial equipment and precision machinery. The company is best known for its linear motion (LM) guides, which support smooth, accurate movement in machine tools, industrial robots, semiconductor manufacturing equipment, and other automated systems.
THK’s product portfolio also includes ball screws, actuators, cross-roller bearings, spherical plain bearings, and related mechanical components and systems.
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