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

THK Co., Ltd. (OTCMKTS:THKLY) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 5,000 shares, a growth of 212.5% from the February 29th total of 1,600 shares. Based on an average daily trading volume, of 34,200 shares, the short-interest ratio is presently 0.1 days.

THK Stock Performance

Shares of OTCMKTS:THKLY opened at $11.47 on Thursday. THK has a 1 year low of $8.56 and a 1 year high of $11.79. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.41 and a current ratio of 4.53. The business has a 50 day simple moving average of $10.37 and a two-hundred day simple moving average of $9.78.

THK (OTCMKTS:THKLY) last released its quarterly earnings data on Wednesday, February 14th. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. THK had a return on equity of 5.04% and a net margin of 5.22%. The business had revenue of $567.63 million during the quarter, compared to analyst estimates of $529.63 million. Equities analysts anticipate that THK will post 0.53 EPS for the current year.

About THK

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.