THK (OTCMKTS:THKLY) Shares Gap Up – What’s Next?

Thk Co., Ltd. (OTCMKTS:THKLY – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $23.05, but opened at $25.6930. THK shares last traded at $25.6930, with a volume of 192 shares traded.

Analyst Ratings Changes

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

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THK Stock Performance

The stock’s 50-day simple moving average is $21.19 and its 200-day simple moving average is $16.87. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 84.73 and a beta of 1.14. The company has a current ratio of 2.24, a quick ratio of 1.72 and a debt-to-equity ratio of 0.32.

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

THK Company Profile

(Get Free Report)

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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