TDK (OTCMKTS:TTDKY) Hits New 1-Year High at $108.87

TDK Corp (OTCMKTS:TTDKY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $108.87 and last traded at $108.87, with a volume of 2052 shares traded. The stock had previously closed at $108.10.

Several equities research analysts have recently commented on TTDKY shares. ValuEngine raised TDK from a “sell” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research upgraded TDK from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. Finally, Goldman Sachs Group raised TDK from a “buy” rating to a “conviction-buy” rating in a research note on Friday, November 22nd.

The firm’s 50-day moving average price is $102.85 and its two-hundred day moving average price is $85.35. The company has a quick ratio of 0.90, a current ratio of 1.20 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $13.71 billion, a PE ratio of 19.41, a P/E/G ratio of 1.86 and a beta of 1.74.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings results on Thursday, October 31st. The technology company reported $2.15 EPS for the quarter. TDK had a net margin of 6.30% and a return on equity of 10.06%. The business had revenue of $3.43 billion during the quarter. Equities research analysts forecast that TDK Corp will post 5.85 EPS for the current year.

TDK Company Profile (OTCMKTS:TTDKY)

TDK Corporation, together with its subsidiaries, manufactures and sells electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Film Application Products, and Other segments.

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