Zacks Research Upgrades TDK (OTCMKTS:TTDKY) to Strong-Buy

TDK (OTCMKTS:TTDKY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

TDK Stock Up 1.7%

TTDKY stock opened at $18.46 on Tuesday. TDK has a fifty-two week low of $11.91 and a fifty-two week high of $26.73. The business’s 50 day moving average price is $19.19 and its two-hundred day moving average price is $19.63. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.11 and a current ratio of 1.47. The company has a market capitalization of $35.89 billion, a price-to-earnings ratio of 27.15, a price-to-earnings-growth ratio of 0.91 and a beta of 1.36.

About TDK

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.