TDK Co. (OTCMKTS:TTDKY – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 14,300 shares, an increase of 410.7% from the August 15th total of 2,800 shares. Based on an average daily volume of 108,500 shares, the short-interest ratio is presently 0.1 days.
TDK Price Performance
Shares of TTDKY traded up $0.50 during midday trading on Thursday, reaching $36.71. The stock had a trading volume of 8,512 shares, compared to its average volume of 14,775. The company has a current ratio of 1.60, a quick ratio of 1.16 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $14.27 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 0.81 and a beta of 0.99. The company’s 50-day moving average is $36.50 and its 200 day moving average is $36.45. TDK has a 12-month low of $29.90 and a 12-month high of $40.96.
TDK (OTCMKTS:TTDKY – Get Free Report) last released its earnings results on Wednesday, August 2nd. The technology company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.15). TDK had a return on equity of 6.41% and a net margin of 4.37%. The firm had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.11 billion. On average, equities analysts predict that TDK will post 2.58 EPS for the current fiscal year.
TDK Company Profile
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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