THK (OTCMKTS:THKLY) Reaches New 12-Month High – Still a Buy?

THK Co., Ltd. (OTCMKTS:THKLY) reached a new 52-week high on Wednesday . The stock traded as high as $12.45 and last traded at $12.45, with a volume of 5673 shares. The stock had previously closed at $12.23.

THK Stock Performance

The stock has a fifty day simple moving average of $11.73 and a two-hundred day simple moving average of $9.94. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.95 and a current ratio of 4.09. The stock has a market cap of $3.23 billion, a price-to-earnings ratio of 34.58 and a beta of 0.91.

THK (OTCMKTS:THKLY) last posted its earnings results on Tuesday, November 12th. The company reported $0.05 EPS for the quarter. The firm had revenue of $573.14 million during the quarter. THK had a net margin of 3.85% and a return on equity of 3.51%. Analysts expect that THK Co., Ltd. will post 0.44 EPS for the current fiscal year.

About THK

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.