TDK traded at 2,096.50 this Thursday March 26th, increasing 7.00 or 0.34 percent since the previous trading session. Looking back, over the last four weeks, TDK gained 13.53 percent. Over the last 12 months, its price rose by 28.66 percent. Looking ahead, we forecast TDK to be priced at 2,004.67 by the end of this quarter and at 1,752.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
TDK Corp is a Japan-based company mainly engaged in the manufacture and sale of passive components, sensor application products, magnetic application products and energy application products. The Company operates through four business segments. The Passive Components segment is engaged in the provision of ceramic capacitors, aluminum electrolytic capacitors, film capacitors, inductive devices, high frequency components, piezoelectric material components and circuit protection components. The Sensor Application Products segment is engaged in the provision of temperature and pressure sensors, magnetic sensors and micro electromechanical system (MEMS) sensors. The Magnetic Application Products segment is engaged in the provision of hard disk drive (HDD) heads, HDD suspensions and magnets. The Energy Application Products segment is engaged in the provision of energy devices and power supplies. The Company is also engaged in the provision of mechatronics and micro actuators products.