THK (OTCMKTS:THKLY) Sets New 52-Week High – Time to Buy?

THK Co., Ltd. (OTCMKTS:THKLY)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.01 and last traded at $12.81, with a volume of 9420 shares. The stock had previously closed at $12.67.

THK Trading Up 1.1 %

The stock has a market cap of $3.33 billion, a PE ratio of 47.43 and a beta of 0.91. The company’s fifty day moving average is $11.92 and its 200-day moving average is $10.42. 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 released its quarterly earnings data on Wednesday, February 12th. The company reported $0.03 earnings per share for the quarter. THK had a return on equity of 2.69% and a net margin of 2.94%. On average, analysts predict 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.