TDK (OTCMKTS:TTDKY) Stock Price Passes Below 50 Day Moving Average of $32.81

TDK Co. (OTCMKTS:TTDKY – Get Rating)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $32.81 and traded as low as $31.21. TDK shares last traded at $31.95, with a volume of 76,026 shares trading hands.

The company has a market cap of $12.10 billion, a P/E ratio of 8.06, a PEG ratio of 0.50 and a beta of 1.15. The firm’s 50-day simple moving average is $32.81 and its 200 day simple moving average is $35.99. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.06 and a current ratio of 1.48.

TDK (OTCMKTS:TTDKY – Get Rating) last issued its quarterly earnings results on Wednesday, May 11th. The technology company reported $1.15 EPS for the quarter. The company had revenue of $3.47 billion for the quarter. TDK had a net margin of 9.32% and a return on equity of 14.50%. As a group, research analysts forecast that TDK Co. will post 2.95 earnings per share for the current year.

TDK Company Profile (OTCMKTS:TTDKY)

TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through four segments: Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments.

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