TDK Co. (OTCMKTS:TTDKY – Get Free Report) was the recipient of a large decline in short interest in November. As of November 30th, there was short interest totalling 6,300 shares, a decline of 26.7% from the November 15th total of 8,600 shares. Based on an average trading volume of 165,300 shares, the short-interest ratio is presently 0.0 days.
TDK Stock Down 0.7 %
TTDKY stock opened at $13.16 on Friday. TDK has a one year low of $8.61 and a one year high of $14.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.60 and a quick ratio of 1.25. The firm has a 50-day simple moving average of $14.81 and a two-hundred day simple moving average of $46.22.
TDK (OTCMKTS:TTDKY – Get Free Report) last announced its earnings results on Friday, November 1st. The technology company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.12. The company had revenue of $3.84 billion during the quarter. TDK had a net margin of 8.23% and a return on equity of 10.08%. As a group, research analysts forecast that TDK will post 0.64 earnings per share for the current 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.
See Also
- Five stocks we like better than TDK
- What is a Bond Market Holiday? How to Invest and Trade
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Investing in Commodities: What Are They? How to Invest in Them
- Texas Instruments: The Old-School Tech Titan Still Delivering
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- GRAIL: Biotech Stock Targeting $100B Cancer Market
Receive News & Ratings for TDK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TDK and related companies with MarketBeat.com's FREE daily email newsletter.