THK (OTCMKTS:THKLY) Shares Gap Down – Here’s What Happened

Shares of Thk Co., Ltd. (OTCMKTS:THKLY) gapped down before the market opened on Thursday . The stock had previously closed at $16.6320, but opened at $15.60. THK shares last traded at $15.60, with a volume of 716 shares trading hands.

THK Stock Down 8.3%

The firm has a market capitalization of $3.63 billion, a P/E ratio of 80.26 and a beta of 0.87. The company has a fifty day simple moving average of $13.71 and a 200 day simple moving average of $13.64. The company has a quick ratio of 2.26, a current ratio of 3.23 and a debt-to-equity ratio of 0.28.

THK (OTCMKTS:THKLY) last issued its quarterly earnings results on Tuesday, November 11th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $623.78 million during the quarter. THK had a return on equity of 1.93% and a net margin of 1.85%. On average, equities analysts expect that Thk Co., Ltd. will post 0.48 EPS for the current fiscal year.

THK Company Profile

THK Co, Ltd. is a global manufacturer specializing in mechanical components that enable precise linear and rotational motion. Founded in 1971 and headquartered in Tokyo, Japan, the company pioneered the development of rolling-element linear motion guides, introducing its first “LM Guide” in 1972. Over the decades, THK has expanded its product portfolio to include linear actuators, ball screws, spherical joints, and mechatronic systems designed for automation and high-precision applications.

THK’s core offerings serve a broad range of industries, including machine tools, semiconductor manufacturing, medical devices, robotics, and aerospace.