TDK Corp. (OTCMKTS:TTDKY – Get Free Report) shares traded up 4.9% on Thursday. The company traded as high as $20.00 and last traded at $19.93. 22,249 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 254,762 shares. The stock had previously closed at $19.00.
TDK Price Performance
The company’s fifty day moving average price is $18.82 and its two-hundred day moving average price is $18.89. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 0.15. The company has a market cap of $38.63 billion, a price-to-earnings ratio of 29.22, a PEG ratio of 1.12 and a beta of 1.31.
About TDK
TDK Corporation is a Japan-based electronics company that develops and manufactures electronic components, materials, and systems. Founded in 1935 as Tokyo Denki Kagaku Kogyo K.K., the company was established to commercialize ferrite, a magnetic material developed by Japanese researchers. TDK has since expanded into a global supplier serving the automotive, information and communications technology, consumer electronics, and industrial markets.
The company’s products include ceramic and aluminum capacitors, inductors, transformers, power supplies, sensors, magnetic components, and electronic modules.
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