TDK (OTCMKTS:TTDKY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Thursday. They currently have a $97.00 target price on the technology company’s stock. Zacks Investment Research‘s price target would suggest a potential upside of 8.32% from the company’s current price.
According to Zacks, “TDK Corp. has a portfolio of technologies originally developed for its businesses involving electronic materials, components and devices, semiconductor, recording media and data storage devices. Its technical leadership includes materials research and development for dielectric, organic and semiconductor materials, process technologies for thick and thin film, metal, semiconductors and integration technologies. TDK technologies can be found in multimedia, video, television, personal computers, mobile communications, and semiconductors. (PRESS RELEASE) “
Shares of TDK (OTCMKTS:TTDKY) opened at $89.55 on Thursday. The company has a market cap of $11,150.00, a P/E ratio of 8.96, a PEG ratio of 2.04 and a beta of 1.28. The company has a current ratio of 1.59, a quick ratio of 1.26 and a debt-to-equity ratio of 0.40. TDK has a 12-month low of $59.26 and a 12-month high of $87.31.
TDK Company Profile
TDK Corporation is an electronic component manufacturer. The Company’s segments include Passive Components, Magnetic Application Products, Film Application Products and Other. The Passive Components segment includes the capacitors business, consisting of ceramic capacitors, aluminum electrolytic capacitors, and film capacitors, and the inductive devices business with coils and other passive components, including piezoelectric material components, circuit protection devices and sensors.
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