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

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

THK Stock Down 0.6 %

The business’s fifty day moving average price is $12.17 and its 200 day moving average price is $10.67. 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 firm has a market capitalization of $3.36 billion, a PE 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%. On average, equities research analysts forecast that THK Co., Ltd. will post 0.48 earnings per share for the current fiscal 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.