TDK (OTCMKTS:TTDKY) Share Price Passes Above 50 Day Moving Average - Here's What Happened

TDK Co. (OTCMKTS:TTDKY - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 Trading Up 1.3 %

The firm has a market capitalization 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. 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 business's fifty day moving average is $12.73 and its 200 day moving average is $44.89.

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