THK (OTCMKTS:THKLY) Sees Strong Trading Volume – Here’s Why

Thk Co., Ltd. (OTCMKTS:THKLY) shares saw unusually-high trading volume on Friday . Approximately 10,318 shares were traded during trading, an increase of 486% from the previous session’s volume of 1,761 shares.The stock last traded at $14.60 and had previously closed at $14.36.

THK Stock Performance

The company has a debt-to-equity ratio of 0.28, a current ratio of 3.23 and a quick ratio of 2.26. The firm has a market cap of $3.48 billion, a P/E ratio of 76.84 and a beta of 0.87. The stock’s 50 day moving average is $13.17 and its two-hundred day moving average is $13.49.

THK (OTCMKTS:THKLY) last released its quarterly earnings data on Tuesday, November 11th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $623.78 million during the quarter. THK had a return on equity of 1.93% and a net margin of 1.85%. As a group, equities analysts predict 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.