TDK Co. (OTCMKTS:TTDKY) Short Interest Update

TDK Co. (OTCMKTS:TTDKY - Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 65,900 shares, a growth of 48.8% from the April 30th total of 44,300 shares. Based on an average daily trading volume, of 228,400 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's stock are sold short.

TDK Stock Down 1.4%

TTDKY stock traded down $0.15 during midday trading on Wednesday, hitting $10.76. The company's stock had a trading volume of 61,985 shares, compared to its average volume of 230,494. The company has a quick ratio of 1.28, a current ratio of 1.63 and a debt-to-equity ratio of 0.18. TDK has a 52-week low of $8.10 and a 52-week high of $14.37. The firm has a market capitalization of $20.92 billion, a P/E ratio of 18.88, a PEG ratio of 0.79 and a beta of 0.71. The firm has a 50-day simple moving average of $10.28 and a 200-day simple moving average of $11.38.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The technology company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.06). TDK had a net margin of 7.65% and a return on equity of 9.08%. The business had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $506.51 billion. As a group, equities analysts forecast that TDK will post 0.61 EPS 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.