TDK (OTCMKTS:TTDKY) Shares Gap Up - Still a Buy?

TDK Corp. (OTCMKTS:TTDKY - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $10.82, but opened at $11.21. TDK shares last traded at $11.21, with a volume of 506 shares traded.

TDK Price Performance

The company has a market cap of $22.04 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 1.27 and a beta of 0.69. The company's 50 day moving average price is $10.92 and its 200-day moving average price is $11.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.28 and a current ratio of 1.63.

TDK (OTCMKTS:TTDKY - Get Free Report) last released its earnings results on Monday, April 28th. The technology company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.06). TDK had a return on equity of 9.09% and a net margin of 7.57%. The firm had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $506.51 billion. On average, equities research analysts forecast that TDK Corp. will post 0.61 earnings per share for the current fiscal 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.