TDK (OTCMKTS:TTDKY) Share Price Crosses Below Two Hundred Day Moving Average of $47.20

TDK Co. (OTCMKTS:TTDKY)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $47.20 and traded as low as $45.07. TDK shares last traded at $45.62, with a volume of 14,516 shares traded.

TDK Stock Performance

The company has a debt-to-equity ratio of 0.30, a current ratio of 1.74 and a quick ratio of 1.32. The firm has a market capitalization of $17.74 billion, a PE ratio of 20.28, a P/E/G ratio of 0.84 and a beta of 0.94. The firm has a fifty day moving average price of $49.28 and a 200 day moving average price of $47.20.

TDK (OTCMKTS:TTDKY) last posted its quarterly earnings data on Friday, April 26th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.07). TDK had a return on equity of 7.58% and a net margin of 5.89%. The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.22 billion. Research analysts anticipate that TDK Co. will post 2.87 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.