TDK Corp. (OTCMKTS:TTDKY) Short Interest Down 69.7% in January

TDK Corp. (OTCMKTS:TTDKY) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 15,327 shares, a decline of 69.7% from the January 15th total of 50,549 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 366,240 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 366,240 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

TDK Stock Performance

OTCMKTS TTDKY opened at $15.10 on Wednesday. The stock has a fifty day simple moving average of $14.02 and a 200-day simple moving average of $14.41. The company has a current ratio of 1.56, a quick ratio of 1.22 and a debt-to-equity ratio of 0.18. The stock has a market cap of $29.35 billion, a PE ratio of 22.88, a P/E/G ratio of 1.30 and a beta of 0.78. TDK has a twelve month low of $8.10 and a twelve month high of $18.51.

TDK (OTCMKTS:TTDKY) last posted its earnings results on Monday, February 2nd. The technology company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. TDK had a net margin of 7.85% and a return on equity of 10.07%. The firm had revenue of $4.34 billion during the quarter, compared to the consensus estimate of $612.08 billion. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. Equities analysts anticipate that TDK will post 0.61 earnings per share for the current year.

Analyst Ratings Changes

TTDKY has been the topic of a number of analyst reports. Wall Street Zen upgraded TDK from a “hold” rating to a “buy” rating in a research report on Wednesday, February 4th. Nomura upgraded TDK to a “strong-buy” rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

About TDK

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.