THK (OTCMKTS:THKLY) Hits New 1-Year High – Here’s What Happened

Shares of THK Co., Ltd. (OTCMKTS:THKLY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $13.10 and last traded at $12.94, with a volume of 1342 shares changing hands. The stock had previously closed at $13.02.

THK Stock Performance

The stock’s 50-day moving average price is $12.17 and its 200-day moving average price is $10.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.95 and a current ratio of 4.09. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 47.93 and a beta of 0.87.

THK (OTCMKTS:THKLY) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.03 earnings per share (EPS) for the quarter. THK had a net margin of 2.94% and a return on equity of 2.69%. As a group, equities research analysts expect that THK Co., Ltd. will post 0.48 earnings per share 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.