THK (OTCMKTS:THKLY) Reaches New 52-Week High – Here’s What Happened

THK Co., Ltd. (OTCMKTS:THKLY)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $12.45 and last traded at $12.45, with a volume of 5673 shares changing hands. The stock had previously closed at $12.23.

THK Trading Up 1.8 %

The company’s fifty day simple moving average is $11.73 and its two-hundred day simple moving average is $9.94. The company has a quick ratio of 2.95, a current ratio of 4.09 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 34.58 and a beta of 0.91.

THK (OTCMKTS:THKLY) last announced its earnings results on Tuesday, November 12th. The company reported $0.05 EPS for the quarter. THK had a net margin of 3.85% and a return on equity of 3.51%. The firm had revenue of $573.14 million for the quarter. Research analysts forecast that THK Co., Ltd. will post 0.44 earnings per share for the current fiscal 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.