THK (OTCMKTS:THKLY) Stock Price Up 3% – Still a Buy?

THK Co., Ltd. (OTCMKTS:THKLY)’s stock price was up 3% during trading on Monday . The stock traded as high as $8.24 and last traded at $8.23. Approximately 36,958 shares traded hands during trading, an increase of 75% from the average daily volume of 21,176 shares. The stock had previously closed at $7.99.

THK Stock Performance

The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.34 and a current ratio of 4.51. The stock’s fifty day moving average is $8.69 and its two-hundred day moving average is $9.35.

THK (OTCMKTS:THKLY) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share for the quarter. THK had a net margin of 3.82% and a return on equity of 3.45%. The firm had revenue of $607.63 million for the quarter. Research analysts expect that THK Co., Ltd. will post 0.44 EPS for the current year.

About THK

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.