TDK Co. (OTCMKTS:TTDKY) Short Interest Down 17.6% in January

TDK Co. (OTCMKTS:TTDKY) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 29,000 shares, a decline of 17.6% from the January 15th total of 35,200 shares. Based on an average trading volume of 293,300 shares, the days-to-cover ratio is presently 0.1 days.

TDK Price Performance

TTDKY opened at $11.29 on Friday. The business has a fifty day moving average of $12.40 and a 200 day moving average of $30.79. TDK has a 52-week low of $8.61 and a 52-week high of $14.37. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.20. The stock has a market cap of $21.95 billion, a P/E ratio of 19.81, a PEG ratio of 0.79 and a beta of 0.87.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings data on Friday, January 31st. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.23%. As a group, sell-side analysts anticipate that TDK will post 0.61 EPS for the current year.

TDK Company Profile

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.