THK (OTCMKTS:THKLY) Shares Gap Up – Here’s What Happened

Thk Co., Ltd. (OTCMKTS:THKLY – Get Free Report)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $17.47, but opened at $18.86. THK shares last traded at $18.86, with a volume of 483 shares.

THK Stock Performance

The firm has a 50 day moving average of $20.29 and a two-hundred day moving average of $19.32. The stock has a market cap of $4.51 billion, a P/E ratio of 63.12 and a beta of 1.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.72 and a current ratio of 2.24.

About THK

(Get Free Report)

THK Co, Ltd. is a Japan-based manufacturer of mechanical components and systems used to enable precise linear and rotational motion. The company is best known for its linear motion (LM) guide technology, which supports the smooth, accurate movement of machine components and is used in industrial machinery, machine tools, semiconductor manufacturing equipment, robotics and other automation applications.

THK’s product portfolio includes LM guides, ball screws, ball splines, cross-roller bearings, actuators, link balls and other mechanical components.

Further Reading

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