TDK (OTCMKTS:TTDKY) Shares Gap Down - What's Next?

Key Points

• TDK Corp. shares gapped down from a previous close of $14.30 to open at $13.65 before trading at $14.38 with a volume of 2,325 shares.
• For the most recent quarter, TDK reported an earnings per share (EPS) of $0.15, exceeding estimates of $0.14, with a revenue of $3.62 billion.
• The company's market capitalization stands at $27.96 billion, with a price-to-earnings ratio of 27.66 and a debt-to-equity ratio of 0.22.

TDK Corp. (OTCMKTS:TTDKY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $14.30, but opened at $13.65. TDK shares last traded at $14.38, with a volume of 2,325 shares traded.

TDK Price Performance

The company has a market capitalization of $27.96 billion, a price-to-earnings ratio of 27.66, a price-to-earnings-growth ratio of 1.60 and a beta of 0.72. The company has a quick ratio of 1.27, a current ratio of 1.65 and a debt-to-equity ratio of 0.22. The company has a 50 day simple moving average of $13.19 and a 200 day simple moving average of $11.50.

TDK (OTCMKTS:TTDKY - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The technology company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $529.65 billion. TDK had a return on equity of 8.25% and a net margin of 6.73%. As a group, research analysts predict that TDK Corp. will post 0.61 EPS 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.

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