THK CO LTD/ADR (OTCMKTS:THKLY) Downgraded 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 report released 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. “

Shares of THKLY opened at $11.47 on Friday. THK CO LTD/ADR has a one year low of $8.97 and a one year high of $13.77. The firm has a market capitalization of $2.90 billion, a P/E ratio of 8.38, a PEG ratio of -2.17 and a beta of 2.09. The business has a fifty day moving average of $12.01 and a 200 day moving average of $11.99.

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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