TDK (OTCMKTS:TTDKY) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

TDK Co. (OTCMKTS:TTDKYGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $37.93 and traded as low as $11.85. TDK shares last traded at $11.92, with a volume of 174,587 shares.

TDK Price Performance

The firm has a fifty day moving average of $12.78 and a two-hundred day moving average of $37.93. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.20.

TDK (OTCMKTS:TTDKYGet Free Report) last issued 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 return on equity of 10.08% and a net margin of 8.23%. As a group, equities research analysts expect that TDK Co. will post 0.64 EPS for the current fiscal year.

TDK Company Profile

(Get Free Report)

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.

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