Zacks Research upgraded shares of TDK (OTCMKTS:TTDKY – Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks reports.
TDK Stock Up 1.7%
Shares of TTDKY opened at $18.46 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.11 and a current ratio of 1.47. TDK has a one year low of $11.91 and a one year high of $26.73. The stock has a market capitalization of $35.89 billion, a price-to-earnings ratio of 27.15, a PEG ratio of 0.91 and a beta of 1.36. The stock has a 50 day moving average price of $19.19 and a 200 day moving average price of $19.63.
TDK Company Profile
TDK Corporation is a Japanese electronics company that develops and manufactures electronic components, materials and systems for consumer electronics, automotive, communications, industrial and energy-related applications. The company’s products include passive components such as capacitors and inductors, magnetic materials and components, sensors, power supplies, electronic modules and rechargeable batteries.
TDK is also active in energy storage through its lithium-ion and other battery technologies, which are used in mobile devices, electric vehicles, industrial equipment and energy-storage applications.
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