TDK (OTCMKTS:TTDKY) Stock Crosses Below 200 Day Moving Average - Should You Sell?

TDK Co. (OTCMKTS:TTDKY - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $42.36 and traded as low as $12.78. TDK shares last traded at $12.94, with a volume of 76,447 shares traded.

TDK Trading Up 0.9 %

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 firm has a market cap of $25.37 billion, a P/E ratio of 21.32, a price-to-earnings-growth ratio of 0.83 and a beta of 0.89. The firm's 50-day simple moving average is $12.88 and its 200 day simple moving average is $42.05.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The technology company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.12. TDK had a net margin of 8.23% and a return on equity of 10.08%. The company had revenue of $3.84 billion for the quarter. As a group, analysts expect that TDK Co. will post 0.64 earnings per share 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.