THK (OTCMKTS:THKLY) Shares Gap Up – Still a Buy?

Thk Co., Ltd. (OTCMKTS:THKLY) gapped up prior to trading on Tuesday . The stock had previously closed at $13.60, but opened at $14.15. THK shares last traded at $13.55, with a volume of 1,103 shares.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered shares of THK to a “sell” rating in a research report on Friday, August 8th. Nomura Securities upgraded shares of THK to a “strong-buy” rating in a research report on Tuesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

THK Stock Performance

The stock has a market capitalization of $3.55 billion, a PE ratio of 71.95 and a beta of 0.86. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.99 and a quick ratio of 2.08. The business’s fifty day moving average price is $13.63 and its 200-day moving average price is $12.93.

THK (OTCMKTS:THKLY) last announced its earnings results on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter. The business had revenue of $631.98 million for the quarter. THK had a net margin of 2.02% and a return on equity of 1.99%. As a group, equities research analysts expect that Thk Co., Ltd. will post 0.48 EPS for the current 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.