TDK (OTCMKTS:TTDKY) Hits New 1-Year High - Still a Buy?

Key Points

• TDK Corp. shares reached a new 52-week high of $14.93, closing at $14.87, with a trading volume of 45,770 shares.
• The company reported earnings per share (EPS) of $0.15 for the last quarter, surpassing analysts' estimates of $0.14.
• TDK has a market cap of $28.91 billion and financial ratios indicating strong liquidity and manageable debt levels.

TDK Corp. (OTCMKTS:TTDKY - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $14.93 and last traded at $14.87, with a volume of 45770 shares. The stock had previously closed at $14.32.

TDK Stock Performance

The business has a fifty day simple moving average of $12.93 and a 200-day simple moving average of $11.39. The company has a quick ratio of 1.27, a current ratio of 1.65 and a debt-to-equity ratio of 0.22. The firm has a market cap of $28.91 billion, a P/E ratio of 28.60, a P/E/G ratio of 1.60 and a beta of 0.72.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.01. The business had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $529.65 billion. TDK had a return on equity of 8.25% and a net margin of 6.73%. On average, sell-side analysts predict that TDK Corp. will post 0.61 EPS 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.

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