TDK (OTCMKTS:TTDKY) Stock Rating Raised to Strong-Buy at Zacks Research
by Sarita Garza · The Markets DailyTDK (OTCMKTS:TTDKY – Get Free Report) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday, Zacks reports.
TDK Trading Up 1.7%
Shares of TTDKY opened at $18.46 on Tuesday. TDK has a 12-month low of $11.91 and a 12-month high of $26.73. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $35.89 billion, a price-to-earnings ratio of 26.69, a P/E/G ratio of 0.91 and a beta of 1.36. The stock’s 50-day moving average price is $19.19 and its 200 day moving average price is $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.