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

Shares of Thk Co., Ltd. (OTCMKTS:THKLY) gapped down prior to trading on Monday . The stock had previously closed at $13.33, but opened at $12.92. THK shares last traded at $13.30, with a volume of 312 shares.

THK Trading Down 0.5%

The firm has a 50-day moving average of $13.38 and a 200 day moving average of $13.55. The company has a current ratio of 2.99, a quick ratio of 2.08 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 69.82 and a beta of 0.88.

THK (OTCMKTS:THKLY) last released its quarterly earnings results on Tuesday, November 11th. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $623.78 million during the quarter. THK had a return on equity of 1.90% and a net margin of 1.85%. As a group, equities analysts predict that Thk Co., Ltd. will post 0.48 EPS 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.