TDK (OTCMKTS:TTDKY) Sees Strong Trading Volume – Here’s What Happened

TDK Corp. (OTCMKTS:TTDKY) shares saw unusually-strong trading volume on Wednesday . Approximately 410,030 shares changed hands during trading, an increase of 37% from the previous session’s volume of 299,211 shares.The stock last traded at $15.47 and had previously closed at $15.46.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TTDKY. Nomura raised shares of TDK to a “strong-buy” rating in a research note on Tuesday, February 3rd. Wall Street Zen raised TDK from a “hold” rating to a “buy” rating in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has a consensus rating of “Strong Buy”.

TDK Stock Down 0.2%

The firm has a market cap of $30.15 billion, a P/E ratio of 23.50, a price-to-earnings-growth ratio of 1.58 and a beta of 0.78. The firm’s 50 day moving average is $14.03 and its two-hundred day moving average is $14.60. The company has a current ratio of 1.53, a quick ratio of 1.18 and a debt-to-equity ratio of 0.16.

TDK (OTCMKTS:TTDKY) last posted its earnings results 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. The company had revenue of $4.34 billion for the quarter, compared to analyst estimates of $612.08 billion. TDK had a net margin of 7.85% and a return on equity of 9.83%. TDK has set its FY 2026 guidance at 0.650-0.650 EPS. As a group, research analysts anticipate that TDK Corp. will post 0.61 EPS for the current fiscal 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.