THK (OTCMKTS:THKLY) Releases Earnings Results

THK (OTCMKTS:THKLY) issued its earnings results on Tuesday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. THK had a net margin of 2.02% and a return on equity of 1.99%.

THK Stock Performance

Shares of THKLY stock opened at $13.36 on Tuesday. THK has a 52 week low of $8.52 and a 52 week high of $15.26. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 70.32 and a beta of 0.93. The company has a 50-day simple moving average of $13.83 and a 200 day simple moving average of $13.53. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.08 and a current ratio of 2.99.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered THK to a “sell” rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.