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TDK (OTCMKTS:TTDKY) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

TDK logo with Computer and Technology background

Key Points

  • TDK Corp.'s share price recently climbed above its 50-day moving average of $11.09, reaching a high of $12.24 during trading.
  • The company reported a quarterly earnings loss of $0.02 EPS, falling short of analyst expectations, while maintaining a market capitalization of $23.64 billion.
  • TDK's financial metrics include a debt-to-equity ratio of 0.19 and a return on equity of 9.11%.
  • Want stock alerts on TDK? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

TDK Corp. (OTCMKTS:TTDKY - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.09 and traded as high as $12.24. TDK shares last traded at $12.16, with a volume of 43,070 shares trading hands.

TDK Stock Up 5.9%

The firm has a 50-day moving average of $11.23 and a 200 day moving average of $10.93. The stock has a market capitalization of $25.27 billion, a price-to-earnings ratio of 22.73, a price-to-earnings-growth ratio of 1.41 and a beta of 0.66. The company has a current ratio of 1.67, a quick ratio of 1.30 and a debt-to-equity ratio of 0.19.

TDK Company Profile

(Get Free Report)

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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