THK (OTCMKTS:THKLY) Stock Price Down 0.2% – Here’s What Happened

Thk Co., Ltd. (OTCMKTS:THKLY)’s share price was down 0.2% on Monday . The company traded as low as $12.8710 and last traded at $12.8710. Approximately 981 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 1,208 shares. The stock had previously closed at $12.9025.

THK Stock Down 0.2%

The firm’s 50-day simple moving average is $12.97 and its 200 day simple moving average is $13.47. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.26 and a current ratio of 3.23. The stock has a market capitalization of $3.07 billion, a P/E ratio of 67.74 and a beta of 0.87.

THK (OTCMKTS:THKLY) last released its earnings results on Tuesday, November 11th. The company reported $0.05 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 $623.78 million for the quarter. As a group, research analysts expect that Thk Co., Ltd. will post 0.48 EPS for the current year.

About THK

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.