THK (OTCMKTS:THKLY) Sets New 12-Month High – Here’s Why

Thk Co., Ltd. (OTCMKTS:THKLY)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $16.6320 and last traded at $16.6320, with a volume of 2658 shares traded. The stock had previously closed at $16.38.

THK Trading Up 1.5%

The company has a quick ratio of 2.26, a current ratio of 3.23 and a debt-to-equity ratio of 0.28. The company has a market cap of $3.96 billion, a P/E ratio of 87.54 and a beta of 0.87. The business has a 50-day moving average price of $13.63 and a two-hundred day moving average price of $13.62.

THK (OTCMKTS:THKLY) last posted its quarterly earnings results on Tuesday, November 11th. The company reported $0.05 earnings per share (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%. On average, analysts predict that Thk Co., Ltd. will post 0.48 EPS for the current 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.