TDK Co. (OTCMKTS:TTDKY – Get Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $64.99 and traded as high as $67.23. TDK shares last traded at $66.68, with a volume of 17,488 shares changing hands.
TDK Stock Performance
The company’s 50-day moving average price is $64.99 and its 200-day moving average price is $55.21. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.30 and a current ratio of 1.70.
TDK (OTCMKTS:TTDKY – Get Free Report) last released its earnings results on Tuesday, July 30th. The technology company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.51 by $0.50. The firm had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.29 billion. TDK had a return on equity of 9.96% and a net margin of 7.96%. As a group, analysts predict that TDK Co. will post 3.43 EPS for the current 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.
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