TDK (OTCMKTS:TTDKY) Reaches New 12-Month High - Here's Why

Key Points

• TDK Corp. shares reached a new 52-week high of $15.00 during trading, closing at $14.75 with a trading volume of 5,507 shares.
• The company reported $0.15 earnings per share for the last quarter, exceeding the consensus estimate of $0.14.
• TDK has a market capitalization of $28.60 billion and a debt-to-equity ratio of 0.22, indicating solid financial health.

Shares of TDK Corp. (OTCMKTS:TTDKY - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $15.00 and last traded at $14.75, with a volume of 5507 shares traded. The stock had previously closed at $14.58.

TDK Trading Up 0.9%

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's 50 day simple moving average is $13.34 and its 200-day simple moving average is $11.57. The company has a market capitalization of $28.60 billion, a PE ratio of 28.29, a P/E/G ratio of 1.62 and a beta of 0.77.

TDK (OTCMKTS:TTDKY - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. TDK had a net margin of 6.73% and a return on equity of 8.25%. The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $529.65 billion. As a group, 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.

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