TDK (OTCMKTS:TTDKY) Stock Passes Above Fifty Day Moving Average - Here's Why

TDK Co. (OTCMKTS:TTDKY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $10.19 and traded as high as $10.98. TDK shares last traded at $10.85, with a volume of 127,026 shares trading hands.

TDK Trading Up 1.4%

The firm has a fifty day simple moving average of $10.21 and a two-hundred day simple moving average of $11.58. The stock has a market cap of $21.07 billion, a PE ratio of 19.02, a PEG ratio of 0.79 and a beta of 0.71. 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 announced its quarterly earnings data on Monday, April 28th. The technology company reported $0.02 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 the consensus estimate of $506.51 billion. As a group, equities analysts expect that TDK Co. 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.