THK (OTCMKTS:THKLY) Trading Up 2.5% – Here’s What Happened

Shares of THK Co., Ltd. (OTCMKTS:THKLY) shot up 2.5% during mid-day trading on Friday . The company traded as high as $8.82 and last traded at $8.82. 9,568 shares were traded during trading, a decline of 52% from the average session volume of 20,007 shares. The stock had previously closed at $8.61.

THK Stock Up 2.5 %

The stock’s 50 day moving average price is $8.78 and its 200-day moving average price is $9.71. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.34 and a current ratio of 4.51.

THK (OTCMKTS:THKLY) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.14 earnings per share for the quarter. THK had a net margin of 3.82% and a return on equity of 3.45%. The firm had revenue of $607.63 million during the quarter. Analysts predict that THK Co., Ltd. will post 0.44 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.