TDK (OTCMKTS:TTDKY) Hits New 12-Month High - Should You Buy?

Key Points

• TDK Corp. shares reached a new 52-week high of $14.66 during trading, closing at $14.32 with a total trading volume of 1,998 shares.
• The company reported a quarterly earnings per share of $0.15, exceeding analyst expectations of $0.14 and generating revenue of $3.62 billion.
• TDK has strong financial metrics, including a debt-to-equity ratio of 0.22 and a current ratio of 1.65, indicating solid financial health.

TDK Corp. (OTCMKTS:TTDKY - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $14.66 and last traded at $14.32, with a volume of 1998 shares. The stock had previously closed at $13.82.

TDK Stock Down 3.8%

The business has a fifty day moving average of $12.86 and a 200 day moving average of $11.35. The company has a market capitalization of $27.84 billion, a PE ratio of 27.54, a PEG ratio of 1.60 and a beta of 0.72. The company has a current ratio of 1.65, a quick ratio of 1.27 and a debt-to-equity ratio of 0.22.

TDK (OTCMKTS:TTDKY - Get Free Report) last announced its earnings results on Friday, August 1st. The technology company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.01. The company had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $529.65 billion. TDK had a return on equity of 8.25% and a net margin of 6.73%. Equities research analysts anticipate that TDK Corp. 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.