TDK Corp. (OTCMKTS:TTDKY) Short Interest Update

TDK Corp. (OTCMKTS:TTDKY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 50,549 shares, an increase of 343.5% from the December 31st total of 11,399 shares. Based on an average daily trading volume, of 272,605 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 272,605 shares, the days-to-cover ratio is currently 0.2 days.

TDK Trading Up 0.4%

Shares of TTDKY opened at $12.67 on Friday. The stock has a market capitalization of $24.63 billion, a P/E ratio of 20.77, a PEG ratio of 1.06 and a beta of 0.77. TDK has a twelve month low of $8.10 and a twelve month high of $18.51. The company has a quick ratio of 1.22, a current ratio of 1.56 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $14.33 and a two-hundred day simple moving average of $14.24.

TDK (OTCMKTS:TTDKY) last released its quarterly earnings data on Friday, October 31st. The technology company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. The firm had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $3.97 billion. TDK had a net margin of 7.55% and a return on equity of 9.32%. On average, research analysts anticipate that TDK will post 0.61 EPS for the current year.

TDK Company Profile

TDK Corporation, founded in Japan in 1935, is a multinational electronics company that develops, manufactures and sells a broad range of electronic materials, components and systems. The company traces its origins to work on ferrite materials for magnetic applications and has since expanded into multiple product lines that serve the electronics industry worldwide. TDK is headquartered in Tokyo and operates through a network of manufacturing, research and sales facilities across Asia, Europe and the Americas.

TDK’s product portfolio includes passive components such as multilayer ceramic capacitors (MLCCs), film capacitors, inductors and ferrite cores; magnetic heads and related magnetic materials; sensor and sensor systems including MEMS-based motion sensors and other sensing devices; and power electronics including power supplies and modules.