TDK (OTCMKTS:TTDKY) Shares Gap Down - Should You Sell?

Key Points

• TDK Corp. shares experienced a gap down in trading, opening at $11.80 after a previous close of $12.50, and last traded at $12.31.
• The company's recent earnings report revealed an earnings per share (EPS) of $0.02, missing estimates of $0.08, with revenues reported at $3.74 billion.
• TDK has a market cap of $23.94 billion and a relatively low debt-to-equity ratio of 0.18, indicating strong financial stability.
• Analysts predict that TDK will post a future EPS of 0.61 for the current fiscal year, reflecting expectations of improved performance.

TDK Corp. (OTCMKTS:TTDKY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $12.50, but opened at $11.80. TDK shares last traded at $12.31, with a volume of 1,272 shares.

TDK Stock Performance

The business has a fifty day simple moving average of $11.03 and a 200-day simple moving average of $10.92. The company has a quick ratio of 1.28, a current ratio of 1.63 and a debt-to-equity ratio of 0.18. The firm has a market cap of $23.94 billion, a P/E ratio of 21.53, a P/E/G ratio of 1.43 and a beta of 0.69.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $506.51 billion. TDK had a return on equity of 9.09% and a net margin of 7.57%. On average, sell-side analysts predict that TDK Corp. will post 0.61 EPS for the current fiscal 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.

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