Zacks Investment Research lowered shares of THK CO LTD/ADR (OTCMKTS:THKLY) from a hold rating to a sell rating in a research note published on Saturday morning, Zacks.com reports.

According to Zacks, “THK CO., LTD. is engaged in the manufacture and sale of components for industrial and transportation equipment. Its products include machinery parts such as linear motion guides and ball screws and transportation equipment parts such as link ball and suspension ball joints. The company’s operating segment consists of Japan, Americas, Europe, China and Others. THK CO., LTD. is headquartered in Tokyo, Japan. “

THKLY stock opened at $11.32 on Friday. The firm’s 50-day moving average price is $11.95 and its two-hundred day moving average price is $11.98. THK CO LTD/ADR has a 12-month low of $8.97 and a 12-month high of $13.77. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of 8.69, a PEG ratio of -2.25 and a beta of 2.09.

About THK CO LTD/ADR

THK Co, Ltd. manufactures and supplies machinery components worldwide. It provides linear motion (LM) guides, LM actuators, spline nuts, LM strokes, cross roller guides, linear ball slides, flat rollers, slide rails, LM guide actuators, ball splines, linear bushes, precision linear packs, cross roller tables, LM rollers, and slide packs.

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