TDK (OTCMKTS:TTDKY) Stock Passes Above Fifty Day Moving Average - What's Next?

TDK Co. (OTCMKTS:TTDKY - Get Free Report)'s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $10.22 and traded as high as $11.46. TDK shares last traded at $11.46, with a volume of 183,217 shares.

TDK Trading Down 1.1%

The company's 50-day moving average price is $10.27 and its 200-day moving average price is $11.55. The firm has a market capitalization of $21.03 billion, a PE ratio of 18.98, a PEG ratio of 0.79 and a beta of 0.71. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.63.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.06). TDK had a return on equity of 9.08% and a net margin of 7.65%. The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $506.51 billion. On average, sell-side analysts expect that TDK Co. will post 0.61 earnings per share 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.