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

Thk Co., Ltd. (OTCMKTS:THKLY) shares saw an uptick in trading volume on Friday . 1,848 shares changed hands during mid-day trading, a decline of 29% from the previous session’s volume of 2,604 shares.The stock last traded at $16.55 and had previously closed at $16.11.

THK Trading Up 0.6%

The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 86.21 and a beta of 0.87. The business has a 50-day simple moving average of $14.02 and a two-hundred day simple moving average of $13.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.26 and a current ratio of 3.23.

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.