THK (OTCMKTS:THKLY) Hits New 52-Week High – Here’s Why

THK Co., Ltd. (OTCMKTS:THKLY) shares reached 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 0.2 %

The company has a market capitalization of $3.37 billion, a P/E ratio of 48.04 and a beta of 0.87. The company has a 50-day moving average of $12.22 and a two-hundred day moving average of $10.72. The company has a quick ratio of 2.95, a current ratio of 4.09 and a debt-to-equity ratio of 0.20.

THK (OTCMKTS:THKLY) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.03 EPS for the quarter. THK had a return on equity of 2.69% and a net margin of 2.94%. On average, research analysts predict that THK Co., Ltd. will post 0.48 EPS 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.