TDK (OTCMKTS:TTDKY) Hits New 1-Year High at $108.87

Shares of TDK Corp (OTCMKTS:TTDKY) hit a new 52-week high on Wednesday . The stock traded as high as $108.87 and last traded at $108.87, with a volume of 2052 shares changing hands. The stock had previously closed at $108.10.

Several brokerages recently weighed in on TTDKY. ValuEngine upgraded TDK from a “sell” rating to a “hold” rating in a report on Tuesday. Goldman Sachs Group upgraded TDK from a “buy” rating to a “conviction-buy” rating in a report on Friday, November 22nd. Finally, Zacks Investment Research upgraded TDK from a “sell” rating to a “hold” rating in a report on Saturday, November 16th.

The company has a market capitalization of $13.71 billion, a PE ratio of 18.48, a PEG ratio of 1.86 and a beta of 1.74. The firm has a fifty day moving average of $102.07 and a two-hundred day moving average of $84.84. The company has a current ratio of 1.20, a quick ratio of 0.90 and a debt-to-equity ratio of 0.25.

TDK (OTCMKTS:TTDKY) last issued its earnings results on Thursday, October 31st. The technology company reported $2.15 earnings per share for the quarter. The company had revenue of $3.43 billion during the quarter. TDK had a return on equity of 10.06% and a net margin of 6.30%. On average, equities analysts expect that TDK Corp will post 5.85 EPS for the current fiscal year.

TDK Company Profile (OTCMKTS:TTDKY)

TDK Corporation, together with its subsidiaries, manufactures and sells electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Film Application Products, and Other segments.

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