TDK (OTCMKTS:TTDKY) Shares Cross Below 200 Day Moving Average – Time to Sell?

TDK Co. (OTCMKTS:TTDKYGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.23 and traded as low as $9.37. TDK shares last traded at $9.42, with a volume of 250,762 shares changing hands.

TDK Trading Down 10.0 %

The company has a market cap of $16.48 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 0.79 and a beta of 0.74. The company’s 50 day simple moving average is $10.96 and its two-hundred day simple moving average is $17.85. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.63 and a quick ratio of 1.28.

TDK (OTCMKTS:TTDKYGet Free Report) last issued its quarterly earnings data on Friday, January 31st. The technology company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). TDK had a net margin of 7.65% and a return on equity of 9.08%. As a group, sell-side analysts anticipate that TDK Co. will post 0.61 EPS for the current fiscal year.

About TDK

(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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