THK (OTCMKTS:THKLY) Stock Price Up 3% – Time to Buy?

THK Co., Ltd. (OTCMKTS:THKLY) shot up 3% during mid-day trading on Monday . The company traded as high as $8.24 and last traded at $8.23. 36,958 shares changed hands during trading, an increase of 75% from the average session volume of 21,176 shares. The stock had previously closed at $7.99.

THK Stock Up 0.2 %

The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.34 and a current ratio of 4.51. The firm’s fifty day simple moving average is $8.66 and its 200 day simple moving average is $9.30. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 21.83 and a beta of 0.78.

THK (OTCMKTS:THKLY) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.14 EPS for the quarter. The business had revenue of $607.63 million for the quarter. THK had a net margin of 3.82% and a return on equity of 3.45%. On average, sell-side analysts forecast that THK Co., Ltd. will post 0.44 earnings per share 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.