TDK Co. (OTCMKTS:TTDKY – Get Rating) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 9,800 shares, an increase of 9,700.0% from the March 31st total of 100 shares. Based on an average trading volume of 97,600 shares, the days-to-cover ratio is presently 0.1 days.
Separately, Zacks Investment Research cut shares of TDK from a “hold” rating to a “sell” rating in a research note on Tuesday.
Shares of TDK stock remained flat at $$30.46 on Wednesday. 25,894 shares of the stock traded hands, compared to its average volume of 38,838. The firm has a market cap of $11.84 billion, a PE ratio of 11.10, a P/E/G ratio of 0.47 and a beta of 1.12. The company has a quick ratio of 0.95, a current ratio of 1.29 and a debt-to-equity ratio of 0.23. TDK has a 52-week low of $30.11 and a 52-week high of $47.50. The company’s 50 day moving average price is $35.02 and its 200-day moving average price is $38.26.
TDK Company Profile (Get Rating)
TDK Corporation, together with its subsidiaries, manufactures and sells 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.
- Get a free copy of the StockNews.com research report on TDK (TTDKY)
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