TDK (OTCMKTS:TTDKY) Raised to Strong-Buy at Zacks Research

TDK (OTCMKTS:TTDKY – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday, Zacks reports.

TDK Stock Performance

TTDKY opened at $18.46 on Tuesday. The firm has a market capitalization of $35.89 billion, a P/E ratio of 26.69, a price-to-earnings-growth ratio of 0.91 and a beta of 1.36. The stock’s 50 day moving average price is $19.19 and its two-hundred day moving average price is $19.63. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 0.15. TDK has a 12-month low of $11.91 and a 12-month high of $26.73.

About TDK

(Get Free Report)

TDK Corporation is a Japanese electronics company that develops and manufactures electronic components, materials and systems for consumer electronics, automotive, communications, industrial and energy-related applications. The company’s products include passive components such as capacitors and inductors, magnetic materials and components, sensors, power supplies, electronic modules and rechargeable batteries.

TDK is also active in energy storage through its lithium-ion and other battery technologies, which are used in mobile devices, electric vehicles, industrial equipment and energy-storage applications.

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