TDK Co. (OTCMKTS:TTDKY) Short Interest Down 92.1% in December

TDK Co. (OTCMKTS:TTDKY) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 500 shares, a decrease of 92.1% from the November 30th total of 6,300 shares. Based on an average trading volume of 154,400 shares, the short-interest ratio is presently 0.0 days.

TDK Stock Up 2.0 %

OTCMKTS TTDKY traded up $0.26 during trading hours on Thursday, hitting $12.96. The company had a trading volume of 48,923 shares, compared to its average volume of 101,554. TDK has a fifty-two week low of $8.61 and a fifty-two week high of $14.37. The firm’s 50 day moving average is $12.74 and its 200 day moving average is $44.04. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market capitalization of $25.19 billion, a price-to-earnings ratio of 21.18, a P/E/G ratio of 0.83 and a beta of 0.89.

TDK (OTCMKTS:TTDKY) last released its earnings results on Friday, November 1st. The technology company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.04 by $0.12. TDK had a return on equity of 10.08% and a net margin of 8.23%. The company had revenue of $3.84 billion during the quarter. Sell-side analysts anticipate that TDK will post 0.64 earnings per share for the current fiscal year.

About TDK

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.