TDK Corp. (OTCMKTS:TTDKY – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.20 and traded as low as $12.02. TDK shares last traded at $12.68, with a volume of 235,160 shares.
TDK Stock Performance
The stock has a market capitalization of $24.65 billion, a P/E ratio of 20.79, a price-to-earnings-growth ratio of 1.03 and a beta of 0.77. The company has a 50-day moving average price of $14.72 and a two-hundred day moving average price of $14.20. The company has a current ratio of 1.56, a quick ratio of 1.22 and a debt-to-equity ratio of 0.18.
TDK (OTCMKTS:TTDKY – Get Free Report) last released its quarterly earnings data on Friday, October 31st. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.04. TDK had a net margin of 7.55% and a return on equity of 9.32%. The company had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $3.97 billion. On average, equities analysts forecast that TDK Corp. will post 0.61 earnings per share for the current year.
About TDK
TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.
TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.
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