THK (OTCMKTS:THKLY) Shares Gap Down – What’s Next?

Shares of Thk Co., Ltd. (OTCMKTS:THKLY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $19.0660, but opened at $17.76. THK shares last traded at $17.76, with a volume of 923 shares.

THK Trading Down 6.8%

The company has a current ratio of 2.24, a quick ratio of 1.72 and a debt-to-equity ratio of 0.32. The firm has a 50 day simple moving average of $20.58 and a 200 day simple moving average of $21.17. The firm has a market capitalization of $4.23 billion, a PE ratio of 59.20 and a beta of 1.21.

About THK

(Get Free Report)

THK Co, Ltd. is a Japan-based manufacturer of mechanical components and systems used to enable precise linear and rotational motion. The company is best known for its linear motion (LM) guide technology, which supports the smooth, accurate movement of machine components and is used in industrial machinery, machine tools, semiconductor manufacturing equipment, robotics and other automation applications.

THK’s product portfolio includes LM guides, ball screws, ball splines, cross-roller bearings, actuators, link balls and other mechanical components.

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