TDK (OTCMKTS:TTDKY) Shares Climb 4.9% – What’s Next?

Shares of TDK Corp. (OTCMKTS:TTDKY) rose 4.9% on Thursday. The stock traded as high as $20.00 and last traded at $19.93. 22,249 shares were traded during trading, a decline of 91% from the average session volume of 254,762 shares. The stock had previously closed at $19.00.

TDK Stock Performance

The stock has a fifty day moving average of $18.82 and a 200-day moving average of $18.89. The firm has a market capitalization of $38.63 billion, a P/E ratio of 29.22, a P/E/G ratio of 1.12 and a beta of 1.31. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 0.15.

TDK Company Profile

TDK Corporation is a Japan-based electronics company that develops and manufactures electronic components, materials, and systems. Founded in 1935 as Tokyo Denki Kagaku Kogyo K.K., the company was established to commercialize ferrite, a magnetic material developed by Japanese researchers. TDK has since expanded into a global supplier serving the automotive, information and communications technology, consumer electronics, and industrial markets.

The company’s products include ceramic and aluminum capacitors, inductors, transformers, power supplies, sensors, magnetic components, and electronic modules.