TDK (OTCMKTS:TTDKY) Shares Gap Up - Should You Buy?

TDK Corp. (OTCMKTS:TTDKY - Get Free Report)'s stock price gapped up before the market opened 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 Stock Performance

The stock's 50-day simple moving average is $10.91 and its 200-day simple moving average is $11.03. The stock has a market cap of $21.95 billion, a price-to-earnings ratio of 19.74, a price-to-earnings-growth ratio of 1.29 and a beta of 0.69. The company has a current ratio of 1.63, a quick ratio of 1.28 and a debt-to-equity ratio of 0.18.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.06). The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $506.51 billion. TDK had a return on equity of 9.09% and a net margin of 7.57%. 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.