TDK Co. (OTCMKTS:TTDKY) Short Interest Update

TDK Co. (OTCMKTS:TTDKY - Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 2,400 shares, an increase of 380.0% from the March 15th total of 500 shares. Based on an average daily trading volume, of 24,000 shares, the short-interest ratio is currently 0.1 days.

TDK Stock Down 2.2 %

Shares of TDK stock traded down $1.11 on Wednesday, reaching $49.16. The company's stock had a trading volume of 16,702 shares, compared to its average volume of 14,371. The company has a market capitalization of $19.11 billion, a price-to-earnings ratio of 28.75, a P/E/G ratio of 0.85 and a beta of 0.93. The firm's fifty day simple moving average is $51.29 and its two-hundred day simple moving average is $46.12. TDK has a 52 week low of $33.46 and a 52 week high of $54.59. The company has a quick ratio of 1.32, a current ratio of 1.74 and a debt-to-equity ratio of 0.30.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its earnings results on Wednesday, January 31st. The technology company reported $1.16 EPS for the quarter. The business had revenue of $3.79 billion during the quarter. TDK had a return on equity of 5.84% and a net margin of 4.38%. Equities analysts anticipate that TDK will post 2.24 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.