TDK (OTCMKTS:TTDKY) Sees Unusually-High Trading Volume After Analyst Upgrade

TDK Corp. (OTCMKTS:TTDKY) shares saw unusually-high trading volume on Thursday after Nomura upgraded the stock to a strong-buy rating. Approximately 304,373 shares traded hands during trading, an increase of 79% from the previous session’s volume of 169,927 shares.The stock last traded at $13.82 and had previously closed at $13.81.

Separately, Wall Street Zen upgraded shares of TDK from a “hold” rating to a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

TDK Stock Performance

The stock has a fifty day simple moving average of $14.10 and a 200-day simple moving average of $14.32. The stock has a market cap of $26.90 billion, a P/E ratio of 20.97, a PEG ratio of 1.21 and a beta of 0.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.22 and a current ratio of 1.56.

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

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.