TDK Corp. (OTCMKTS:TTDKY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $21.90, but opened at $23.11. TDK shares last traded at $23.1575, with a volume of 14,872 shares.
TDK Stock Performance
The company has a market cap of $45.36 billion, a P/E ratio of 34.32, a price-to-earnings-growth ratio of 1.04 and a beta of 1.36. The business has a 50 day moving average price of $18.98 and a two-hundred day moving average price of $19.05. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.11 and a current ratio of 1.47.
TDK Company Profile
TDK Corporation is a Japan-based electronics company that develops and manufactures electronic components, materials, and systems. Founded in 1935 as Tokyo Denki Kagaku Kogyo K.K., the company was established to commercialize ferrite, a magnetic material developed by Japanese researchers. TDK has since expanded into a global supplier serving the automotive, information and communications technology, consumer electronics, and industrial markets.
The company’s products include ceramic and aluminum capacitors, inductors, transformers, power supplies, sensors, magnetic components, and electronic modules.
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