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) gapped down before the market opened 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 traded.

TDK Trading Down 1.4%

The business has a fifty day moving average of $11.09 and a two-hundred day moving average of $10.90. The firm has a market cap of $23.64 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 1.42 and a beta of 0.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.30 and a current ratio of 1.67.

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 for the quarter, missing analysts' consensus estimates of $0.08 by ($0.06). The business had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $506.51 billion. TDK had a return on equity of 9.11% and a net margin of 7.57%. As a group, equities analysts expect that TDK Corp. will post 0.61 earnings per share 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.