TDK Corp. (OTCMKTS:TTDKY – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $19.89, but opened at $18.36. TDK shares last traded at $18.2550, with a volume of 4,142 shares traded.
TDK Stock Down 4.5%
The firm has a market cap of $36.02 billion, a P/E ratio of 27.25, a P/E/G ratio of 0.99 and a beta of 1.36. The business has a fifty day moving average of $19.27 and a 200 day moving average of $19.43. 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 Company Profile
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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