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TDK (OTCMKTS:TTDKY) Shares Pass Below 200-Day Moving Average - Here's What Happened

TDK logo with Computer and Technology background

TDK Co. (OTCMKTS:TTDKY - Get Free Report)'s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.32 and traded as low as $10.63. TDK shares last traded at $10.65, with a volume of 76,739 shares trading hands.

TDK Stock Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 1.63 and a quick ratio of 1.28. The company has a market capitalization of $20.16 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 0.79 and a beta of 0.69. The stock has a 50 day simple moving average of $10.45 and a two-hundred day simple moving average of $11.29.

TDK (OTCMKTS:TTDKY - Get Free Report) last posted its earnings results on Monday, April 28th. The technology company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.06). TDK had a return on equity of 9.08% and a net margin of 7.65%. The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $506.51 billion. As a group, analysts anticipate that TDK Co. will post 0.61 earnings per share for the current year.

TDK Company Profile

(Get Free Report)

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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