TDK Co. (OTCMKTS:TTDKY) Short Interest Update

TDK Co. (OTCMKTS:TTDKY) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 5,800 shares, a decrease of 84.7% from the July 15th total of 38,000 shares. Based on an average daily trading volume, of 50,000 shares, the short-interest ratio is presently 0.1 days.

TDK Price Performance

TDK stock traded down $1.03 during mid-day trading on Wednesday, hitting $65.16. The stock had a trading volume of 15,827 shares, compared to its average volume of 21,417. The company has a current ratio of 1.70, a quick ratio of 1.30 and a debt-to-equity ratio of 0.23. The firm’s 50 day moving average is $62.62 and its 200 day moving average is $54.13. TDK has a one year low of $33.73 and a one year high of $71.84.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings data on Tuesday, July 30th. The technology company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.51 by $0.50. TDK had a net margin of 7.96% and a return on equity of 9.96%. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.29 billion. On average, sell-side analysts expect that TDK will post 3.43 EPS for the current fiscal year.

TDK Company Profile

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.