TDK (OTCMKTS:TTDKY) Shares Cross Below 200-Day Moving Average - Here's Why

TDK Co. (OTCMKTS:TTDKY - Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $26.52 and traded as low as $10.30. TDK shares last traded at $10.57, with a volume of 233,179 shares traded.

TDK Price Performance

The stock has a market cap of $20.72 billion, a PE ratio of 18.70, a P/E/G ratio of 0.79 and a beta of 0.84. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.63 and a quick ratio of 1.28. The firm's 50 day moving average price is $11.73 and its two-hundred day moving average price is $25.49.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The technology company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.08%. On average, research analysts expect that TDK Co. will post 0.61 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.