THK (OTCMKTS:THKLY) Sees Large Volume Increase – Here’s Why

Thk Co., Ltd. (OTCMKTS:THKLY) saw unusually-strong trading volume on Friday . Approximately 5,985 shares changed hands during mid-day trading, an increase of 134% from the previous session’s volume of 2,553 shares.The stock last traded at $16.00 and had previously closed at $15.07.

THK Price Performance

The stock’s fifty day moving average price is $13.48 and its 200-day moving average price is $13.58. The company has a current ratio of 3.23, a quick ratio of 2.26 and a debt-to-equity ratio of 0.28. The firm has a market cap of $3.90 billion, a price-to-earnings ratio of 86.21 and a beta of 0.87.

THK (OTCMKTS:THKLY) last announced its quarterly earnings results on Tuesday, November 11th. The company reported $0.05 EPS for the quarter. The business had revenue of $623.78 million for the quarter. THK had a return on equity of 1.93% and a net margin of 1.85%. As a group, equities research analysts forecast that Thk Co., Ltd. will post 0.48 earnings per share for the current fiscal year.

THK Company Profile

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.