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

TDK Corp. (OTCMKTS:TTDKY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $11.10, but opened at $11.66. TDK shares last traded at $11.67, with a volume of 2,013 shares changing hands.

TDK Price Performance

The company has a market cap of $22.70 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 1.35 and a beta of 0.69. The business's 50 day moving average price is $10.71 and its 200-day moving average price is $11.10. The company has a quick ratio of 1.28, a current ratio of 1.63 and a debt-to-equity ratio of 0.18.

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 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 analysts' expectations of $506.51 billion. TDK had a net margin of 7.57% and a return on equity of 9.09%. As a group, 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.