TDK (OTCMKTS:TTDKY) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

TDK Co. (OTCMKTS:TTDKY - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.43 and traded as low as $10.83. TDK shares last traded at $10.89, with a volume of 117,129 shares changing hands.

TDK Stock Down 0.5%

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 firm has a market cap of $21.21 billion, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of 0.79 and a beta of 0.71. The firm has a 50 day moving average price of $10.28 and a 200-day moving average price of $11.38.

TDK (OTCMKTS:TTDKY - Get Free Report) last issued 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). TDK had a net margin of 7.65% and a return on equity of 9.08%. The firm had revenue of $3.74 billion for the quarter, compared to analyst estimates of $506.51 billion. As a group, equities analysts predict that TDK Co. will post 0.61 EPS 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.