THK CO LTD/ADR (OTCMKTS:THKLY) Lowered to Sell at Zacks Investment Research

THK CO LTD/ADR (OTCMKTS:THKLY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, Zacks.com reports.

According to Zacks, “THK CO., LTD. is engaged in the manufacture and sale of components for industrial and transportation equipment. Its products include machinery parts such as linear motion guides and ball screws and transportation equipment parts such as link ball and suspension ball joints. The company’s operating segment consists of Japan, Americas, Europe, China and Others. THK CO., LTD. is headquartered in Tokyo, Japan. “

THK CO LTD/ADR stock traded down $0.33 during midday trading on Friday, reaching $12.13. The stock had a trading volume of 592,912 shares, compared to its average volume of 7,737. The firm has a fifty day moving average of $12.08. THK CO LTD/ADR has a twelve month low of $8.97 and a twelve month high of $14.10. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 9.56, a price-to-earnings-growth ratio of -2.47 and a beta of 2.09.

About THK CO LTD/ADR

THK Co, Ltd. manufactures and supplies machinery components worldwide. It provides linear motion (LM) guides, LM actuators, spline nuts, LM strokes, cross roller guides, linear ball slides, flat rollers, slide rails, LM guide actuators, ball splines, linear bushes, precision linear packs, cross roller tables, LM rollers, and slide packs.

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