THK CO LTD/ADR (OTCMKTS:THKLY) shares were down 0.7% on Wednesday . The company traded as low as $9.70 and last traded at $9.94, approximately 41,616 shares changed hands during mid-day trading. A decline of 18% from the average daily volume of 50,944 shares. The stock had previously closed at $10.01.
A number of equities research analysts recently weighed in on THKLY shares. Zacks Investment Research cut shares of THK CO LTD/ADR from a “buy” rating to a “hold” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. cut shares of THK CO LTD/ADR from a “neutral” rating to an “underweight” rating in a research report on Friday, February 28th. Finally, Morgan Stanley raised shares of THK CO LTD/ADR from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 18th.
The business’s fifty day moving average price is $10.31 and its 200 day moving average price is $12.77.
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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