THK Co., Ltd. (OTCMKTS:THKLY) Short Interest Down 26.0% in March

THK Co., Ltd. (OTCMKTS:THKLYGet Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 3,700 shares, a decrease of 26.0% from the March 15th total of 5,000 shares. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is presently 0.3 days.

THK Stock Performance

THKLY traded down $0.20 during trading on Friday, reaching $11.52. 12,297 shares of the stock traded hands, compared to its average volume of 5,745. The stock’s 50-day moving average is $10.86 and its 200 day moving average is $9.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.41 and a current ratio of 4.53. THK has a 12 month low of $8.56 and a 12 month high of $12.15.

THK (OTCMKTS:THKLYGet Free Report) last released its earnings results on Wednesday, February 14th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.06. The firm had revenue of $567.63 million during the quarter, compared to analyst estimates of $529.63 million. THK had a net margin of 5.22% and a return on equity of 5.04%. On average, equities analysts predict that THK will post 0.53 earnings per share for the current fiscal year.

THK Company Profile

(Get Free Report)

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

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