Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate TDK Corp (ADR) before investing.

In this article, we go over a few key elements for understanding TDK Corp (ADR)’s stock price such as:

• TDK Corp (ADR)’s current stock price and volume
• Why TDK Corp (ADR)’s stock price changed recently
• Upgrades and downgrades for TTDKY from analysts
• TTDKY’s stock price momentum as measured by its relative strength

About TDK Corp (ADR) (TTDKY)

Before we jump into TDK Corp (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

TDK Corporation, together with its subsidiaries, engages in manufacture and sale of electronic components in Japan, Europe, China, Asia, the Americas, and internationally. The company operates through Passive Components, Sensor Application Products, Magnetic Application Products, Energy Application Products, and Other segments. The Passive Components segment offers ceramic capacitors, aluminum electrolytic capacitors, film capacitors, high-frequency components, piezoelectric materials, and circuit protection components, as well as inductive devices, including ferrite cores, coils, and transformers. The Sensor Application Products segment provides temperature and pressure, magnetic, and MEMS sensors. The Magnetic Application Products segment offers hard disk drives (HDD) heads, HDD suspension assemblies, and magnets. The Energy Application Products segment provides energy devices comprising rechargeable batteries, and power supplies. The Other segment provides mechatronics production equipment and camera module micro actuators for smartphones and other products. The company also engages in engages in insurance and real estate agency businesses. The company was formerly known as Tokyo Denki Kagaku Kogyo K.K. and changed its name to TDK Corporation in 1983. TDK Corporation was founded in 1935 and is headquartered in Tokyo, Japan.

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TDK Corp (ADR)’s Stock Price as of Market Close

As of October 09, 2024, 3:51 PM, CST, TDK Corp (ADR)’s stock price was $12.96.

TDK Corp (ADR) is down 80.31% from its previous closing price of $65.82.

During the last market session, TDK Corp (ADR)’s stock traded between $63.16 and $65.95. Currently, there are 11.79 million shares of TDK Corp (ADR) stock available for purchase.

Unfortunately, TDK Corp (ADR)’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

TDK Corp (ADR) Stock Price History

TDK Corp (ADR)’s (TTDKY) price is currently down 79.64% so far this month.

During the month of October, TDK Corp (ADR)’s stock price has reached a high of $66.99 and a low of $12.39.

Over the last year, TDK Corp (ADR) has hit prices as high as $71.84 and as low as $25.45. Year to date, TDK Corp (ADR)’s stock is down 60.17%.

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What Caused TDK Corp (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of October 08, 2024, there were analysts who downgraded TDK Corp (ADR)’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate TDK Corp (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on TDK Corp (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about TDK Corp (ADR) (TTDKY) by visiting AAII Stock Evaluator.

Relative Price Strength of TDK Corp (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of October 08, 2024, TDK Corp (ADR) has a weighted four-quarter relative price strength of 6.00%, which translates to a Momentum Score of 80 and is considered to be Strong.

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TDK Corp (ADR) Stock Price: Bottom Line

As of October 9, 2024, TDK Corp (ADR)’s stock price is $12.96, which is down 80.31% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like TDK Corp (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.