THK (OTCMKTS:THKLY) Reaches New 52-Week High – Should You Buy?

Shares of THK Co., Ltd. (OTCMKTS:THKLYGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as $12.45 and last traded at $11.76, with a volume of 33322 shares. The stock had previously closed at $11.85.

THK Price Performance

The company has a quick ratio of 3.34, a current ratio of 4.51 and a debt-to-equity ratio of 0.21. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 32.92 and a beta of 0.90. The company has a fifty day simple moving average of $9.67 and a two-hundred day simple moving average of $9.26.

About THK

(Get Free Report)

THK Co, Ltd. engages in the manufacture and sale of mechanical components worldwide. The company provides linear motion (LM) guides, ball screws, ball splines, LM guide actuators, cross roller rings/ double row angular contact ring, electric actuators, linear motor actuators, cam followers, roller followers, linear bushes, LM strokes, slide packs, slide rails, cross roller guides and tables, linear ball slides, LM and flat rollers, spline nuts, screw nuts, change nuts, precision linear packs, link balls, rod ends, spherical plain bearings, lubrication accessories, and seismic isolation products.

Further Reading

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