THK (OTCMKTS:THKLY) Shares Down 4.8%

Shares of THK Co., Ltd. (OTCMKTS:THKLY) dropped 4.8% during trading on Thursday . The stock traded as low as $8.68 and last traded at $8.75. Approximately 14,311 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 16,398 shares. The stock had previously closed at $9.19.

THK Stock Down 4.8 %

The company has a debt-to-equity ratio of 0.26, a current ratio of 4.53 and a quick ratio of 3.41. The company’s 50-day simple moving average is $9.35 and its 200 day simple moving average is $10.19.

THK (OTCMKTS:THKLY) last posted its quarterly earnings data on Friday, May 10th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $573.25 million during the quarter. THK had a net margin of 3.88% and a return on equity of 3.55%. On average, equities research analysts predict that THK Co., Ltd. will post 0.53 EPS for the current fiscal year.

THK Company Profile

THK Co, Ltd. engages in the manufacture and sale of machine components in Japan, the Americas, Europe, China, and internationally. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings and tables, electric actuators and linear motor actuators, cam followers, roller followers, linear bushes, slide packs, slide rails, cross roller guides, linear ball slides, LM and flat rollers, spline nuts, LM strokes, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.