TDK (OTCMKTS:TTDKY) Stock Price Crosses Below 200 Day Moving Average of $47.20

TDK Co. (OTCMKTS:TTDKY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $47.20 and traded as low as $45.07. TDK shares last traded at $45.62, with a volume of 14,516 shares.

TDK Stock Performance

The firm’s 50-day moving average price is $49.28 and its two-hundred day moving average price is $47.26. The company has a current ratio of 1.74, a quick ratio of 1.32 and a debt-to-equity ratio of 0.30.

TDK (OTCMKTS:TTDKY) last issued its quarterly earnings data on Friday, April 26th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.07). The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.22 billion. TDK had a net margin of 5.89% and a return on equity of 7.58%. As a group, analysts forecast that TDK Co. will post 2.87 earnings per share for the current 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.