THK (OTCMKTS:THKLY) Shares Down 9.8% – Should You Sell?

Thk Co., Ltd. (OTCMKTS:THKLY – Get Free Report) shares were down 9.8% during trading on Wednesday . The company traded as low as $22.36 and last traded at $22.36. Approximately 186 shares were traded during trading, a decline of 97% from the average daily volume of 5,816 shares. The stock had previously closed at $24.78.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of THK from a “strong sell” rating to a “neutral” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, THK has a consensus rating of “Reduce”.

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THK Price Performance

The company has a quick ratio of 2.18, a current ratio of 2.83 and a debt-to-equity ratio of 0.34. The firm has a market cap of $5.20 billion, a price-to-earnings ratio of 72.83 and a beta of 1.14. The stock’s 50-day moving average price is $19.96 and its 200 day moving average price is $16.29.

THK (OTCMKTS:THKLY – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter. The firm had revenue of $440.05 million during the quarter. THK had a net margin of 1.85% and a return on equity of 1.93%.

THK Company Profile

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THK Co, Ltd. is a global manufacturer specializing in mechanical components that enable precise linear and rotational motion. Founded in 1971 and headquartered in Tokyo, Japan, the company pioneered the development of rolling-element linear motion guides, introducing its first “LM Guide” in 1972. Over the decades, THK has expanded its product portfolio to include linear actuators, ball screws, spherical joints, and mechatronic systems designed for automation and high-precision applications.

THK’s core offerings serve a broad range of industries, including machine tools, semiconductor manufacturing, medical devices, robotics, and aerospace.

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