TDK (OTCMKTS:TTDKY) Sets 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)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $14.66 and last traded at $14.32, with a volume of 1998 shares trading hands. The stock had previously closed at $13.82.

TDK Trading Up 3.8%

The company has a 50 day moving average price of $12.80 and a 200 day moving average price of $11.32. The firm has a market cap of $28.91 billion, a price-to-earnings ratio of 28.60, a price-to-earnings-growth ratio of 1.60 and a beta of 0.72. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.27 and a current ratio of 1.65.

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