THK Co., Ltd. (OTCMKTS:THKLY) Sees Large Decline in Short Interest

THK Co., Ltd. (OTCMKTS:THKLY) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,700 shares, a drop of 92.5% from the December 31st total of 35,800 shares. Based on an average trading volume of 97,900 shares, the short-interest ratio is presently 0.0 days.

THK Stock Performance

Shares of OTCMKTS:THKLY traded down $0.20 during trading on Wednesday, reaching $11.96. 2,767 shares of the stock were exchanged, compared to its average volume of 18,826. The firm has a market cap of $3.11 billion, a PE ratio of 33.22 and a beta of 0.91. The company has a current ratio of 4.09, a quick ratio of 2.95 and a debt-to-equity ratio of 0.20. THK has a 12 month low of $7.68 and a 12 month high of $12.45. The stock has a 50-day moving average price of $11.67 and a 200-day moving average price of $9.85.

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

THK Company Profile

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.