Shares of TDK Corp. (OTCMKTS:TTDKY – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $19.89, but opened at $18.36. TDK shares last traded at $18.2550, with a volume of 4,142 shares.
TDK Stock Performance
The company has a debt-to-equity ratio of 0.15, a current ratio of 1.47 and a quick ratio of 1.11. The stock has a market cap of $36.02 billion, a price-to-earnings ratio of 27.25, a P/E/G ratio of 0.99 and a beta of 1.36. The company’s fifty day simple moving average is $19.27 and its two-hundred day simple moving average is $19.43.
About TDK
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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