TDK Co. (OTCMKTS:TTDKY – Get Free Report) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 500 shares, a drop of 95.0% from the February 29th total of 10,000 shares. Based on an average daily volume of 29,600 shares, the short-interest ratio is currently 0.0 days.
TDK Stock Up 2.4 %
TTDKY stock opened at $50.19 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.32 and a debt-to-equity ratio of 0.30. The firm has a 50 day moving average price of $51.44 and a 200-day moving average price of $45.28. TDK has a 52-week low of $33.46 and a 52-week high of $54.59.
TDK (OTCMKTS:TTDKY – Get Free Report) last released its earnings results on Wednesday, January 31st. The technology company reported $1.16 EPS for the quarter. TDK had a return on equity of 5.84% and a net margin of 4.38%. The business had revenue of $3.79 billion for the quarter. As a group, research analysts forecast that TDK will post 2.26 EPS 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.
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