TDK (OTCMKTS:TTDKY) Shares Pass Below Two Hundred Day Moving Average of $47.20

TDK Co. (OTCMKTS:TTDKY - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $47.20 and traded as low as $45.07. TDK shares last traded at $45.62, with a volume of 14,516 shares trading hands.

TDK Price Performance

The business has a 50-day simple moving average of $49.28 and a two-hundred day simple moving average of $47.26. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.32 and a current ratio of 1.74.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued its quarterly earnings results on Friday, April 26th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.07). TDK had a net margin of 5.89% and a return on equity of 7.58%. The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.22 billion. On average, sell-side analysts forecast that TDK Co. will post 2.87 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.