TDK Co. (OTCMKTS:TTDKY) Short Interest Down 55.0% in January

TDK Co. (OTCMKTS:TTDKY - Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 35,200 shares, a decrease of 55.0% from the December 31st total of 78,200 shares. Based on an average daily trading volume, of 248,000 shares, the short-interest ratio is presently 0.1 days.

TDK Trading Down 3.9 %

TDK stock traded down $0.49 during trading on Friday, reaching $12.10. The company had a trading volume of 112,403 shares, compared to its average volume of 126,382. TDK has a 12-month low of $8.61 and a 12-month high of $14.37. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a market capitalization of $23.52 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 0.80 and a beta of 0.88. The stock's 50 day moving average price is $12.72 and its two-hundred day moving average price is $34.89.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued its quarterly earnings results on Friday, January 31st. The technology company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.01). TDK had a return on equity of 10.08% and a net margin of 8.23%. As a group, equities analysts expect that TDK 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.