TDK (OTCMKTS:TTDKY) Hits New 12-Month High – Time to Buy?

by · The Cerbat Gem

Shares of TDK Corp. (OTCMKTS:TTDKY – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $14.20 and last traded at $14.20, with a volume of 11576 shares traded. The stock had previously closed at $13.78.

TDK Stock Performance

The company has a 50-day moving average price of $12.32 and a two-hundred day moving average price of $11.13. The company has a current ratio of 1.65, a quick ratio of 1.27 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $27.74 billion, a P/E ratio of 27.45, a price-to-earnings-growth ratio of 1.54 and a beta of 0.72.

TDK (OTCMKTS:TTDKY – Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. TDK had a return on equity of 8.25% and a net margin of 6.73%.The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $529.65 billion. On average, equities analysts forecast that TDK Corp. will post 0.61 earnings per share for the current year.

About TDK

(Get Free Report)

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 Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments.

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