TDK (OTCMKTS:TTDKY) Shares Pass Above 50-Day Moving Average – What’s Next?

Shares of TDK Co. (OTCMKTS:TTDKY) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.73 and traded as high as $13.10. TDK shares last traded at $12.95, with a volume of 77,312 shares trading hands.

TDK Stock Performance

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 fifty day moving average price of $12.73 and a 200-day moving average price of $44.89. The firm has a market cap of $25.17 billion, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 0.83 and a beta of 0.89.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings data on Friday, November 1st. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.12. The company had revenue of $3.84 billion for the quarter. TDK had a net margin of 8.23% and a return on equity of 10.08%. On average, analysts expect that TDK Co. will post 0.64 earnings per share for the current fiscal 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.