TDK (OTCMKTS:TTDKY) Shares Gap Up – What’s Next?

TDK Corp. (OTCMKTS:TTDKY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $15.6750, but opened at $16.35. TDK shares last traded at $15.89, with a volume of 16,242 shares trading hands.

TDK Price Performance

The company has a 50 day moving average price of $15.81 and a 200 day moving average price of $13.38. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.56 and a quick ratio of 1.22. The firm has a market cap of $30.88 billion, a PE ratio of 26.04, a PEG ratio of 1.53 and a beta of 0.76.

TDK (OTCMKTS:TTDKY) last announced its quarterly earnings data on Friday, October 31st. The technology company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.04. The company had revenue of $4.20 billion during the quarter, compared to the consensus estimate of $3.97 billion. TDK had a net margin of 7.55% and a return on equity of 9.32%. Sell-side analysts expect that TDK Corp. will post 0.61 EPS 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.