TDK (OTCMKTS:TTDKY) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

TDK Co. (OTCMKTS:TTDKYGet Free Report)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 Stock Down 1.6 %

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 1.60. The company’s fifty day moving average is $12.78 and its 200-day moving average is $37.93.

TDK (OTCMKTS:TTDKYGet Free Report) last issued its quarterly earnings results on Friday, November 1st. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.12. TDK had a return on equity of 10.08% and a net margin of 8.23%. The company had revenue of $3.84 billion for the quarter. On average, equities research analysts expect that TDK Co. will post 0.64 earnings per share for the current 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.

Read More

Receive News & Ratings for TDK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TDK and related companies with MarketBeat.com's FREE daily email newsletter.