THK Co., Ltd. (OTCMKTS:THKLY) Sees Significant Decline in Short Interest

THK Co., Ltd. (OTCMKTS:THKLY) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 2,700 shares, a decline of 92.5% from the December 31st total of 35,800 shares. Based on an average daily volume of 97,900 shares, the days-to-cover ratio is currently 0.0 days.

THK Trading Up 1.7 %

OTCMKTS THKLY traded up $0.20 on Thursday, reaching $12.16. The company had a trading volume of 6,474 shares, compared to its average volume of 18,172. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 33.78 and a beta of 0.91. THK has a fifty-two week low of $7.68 and a fifty-two week high of $12.45. The business has a 50 day moving average of $11.69 and a two-hundred day moving average of $9.86. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.09 and a quick ratio of 2.95.

THK (OTCMKTS:THKLY) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.05 earnings per share (EPS) for the quarter. THK had a return on equity of 3.51% and a net margin of 3.85%. The company had revenue of $573.14 million during the quarter. Analysts forecast that THK will post 0.44 EPS for the current year.

THK Company Profile

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.