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

Key Points

• TDK Corp.'s stock gapped down from $14.88 to $14.21 before the market opened, eventually trading at $14.23 with a volume of 710 shares.
• The company reported a quarterly EPS of $0.15, exceeding analysts’ expectations of $0.14, and had a revenue of $3.62 billion for the quarter.
• TDK has a market capitalization of $27.66 billion and a debt-to-equity ratio of 0.22, indicating relatively low leverage compared to its equity.

Shares of TDK Corp. (OTCMKTS:TTDKY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $14.88, but opened at $14.21. TDK shares last traded at $14.23, with a volume of 710 shares trading hands.

TDK Trading Up 3.8%

The company has a market cap of $28.91 billion, a price-to-earnings ratio of 28.60, a PEG ratio of 1.60 and a beta of 0.72. The firm has a 50 day moving average price of $12.93 and a two-hundred day moving average price of $11.39. The company has a quick ratio of 1.27, a current ratio of 1.65 and a debt-to-equity ratio of 0.22.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued its quarterly earnings results on Friday, August 1st. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. The company had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $529.65 billion. TDK had a return on equity of 8.25% and a net margin of 6.73%. As a group, equities analysts forecast that TDK Corp. will post 0.61 earnings per share for the current 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.