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TDK (OTCMKTS:TTDKY) Shares Gap Down - Here's What Happened

TDK logo with Computer and Technology background

TDK Corp. (OTCMKTS:TTDKY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $11.34, but opened at $10.85. TDK shares last traded at $11.36, with a volume of 2,305 shares.

TDK Price Performance

The company has a current ratio of 1.63, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of $10.94 and a two-hundred day moving average price of $10.97. The firm has a market capitalization of $21.99 billion, a price-to-earnings ratio of 19.77, a PEG ratio of 1.30 and a beta of 0.69.

TDK (OTCMKTS:TTDKY - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The technology company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by ($0.06). TDK had a return on equity of 9.09% and a net margin of 7.57%. The company had revenue of $3.74 billion for the quarter, compared to analyst estimates of $506.51 billion. As a group, research analysts forecast that TDK Corp. will post 0.61 EPS for the current year.

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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