TDK (OTCMKTS:TTDKY) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

TDK Co. (OTCMKTS:TTDKYGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.21 and traded as low as $8.99. TDK shares last traded at $9.29, with a volume of 448,264 shares traded.

TDK Stock Performance

The company has a market cap of $18.06 billion, a price-to-earnings ratio of 16.30, a P/E/G ratio of 0.79 and a beta of 0.74. 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 fifty day simple moving average of $10.54 and a 200 day simple moving average of $15.21.

TDK (OTCMKTS:TTDKYGet Free Report) last posted its earnings results on Friday, January 31st. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.08%. On average, sell-side analysts expect that TDK Co. will post 0.61 earnings per share for the current fiscal year.

About TDK

(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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