THK (OTCMKTS:THKLY) Shares Gap Down – Here’s What Happened

Thk Co., Ltd. (OTCMKTS:THKLY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $16.6320, but opened at $15.60. THK shares last traded at $15.60, with a volume of 716 shares changing hands.

THK Stock Performance

The company has a market capitalization of $3.63 billion, a PE ratio of 80.26 and a beta of 0.87. 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 business’s fifty day moving average is $13.71 and its two-hundred day moving average is $13.64.

THK (OTCMKTS:THKLY) last issued its earnings results on Tuesday, November 11th. The company reported $0.05 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. Equities research analysts predict that Thk Co., Ltd. will post 0.48 earnings per share 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.